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Mike Bowman

[email protected] +1(817) 328-2342

$2,600,000

Est. payment - /mo

1.14 Acres Lot

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Mt Pleasant City Blocks

MLS Listing ID 20921279

Total Fin. Sqft 20028

Year Built 1965

Annual Tax Amount $16,054

Lot Size 1.136 Acres

Acres 1.136

Property Sub-Type Business

Property Description

Prime Income-Producing Multifamily Property in Downtown Mount Pleasant Exceptional investment opportunity in the heart of Downtown Mount Pleasant! This fully leased, income-producing multifamily building features 25 well-maintained apartment units—23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit ranges from approximately 850 to 1,000 square feet and offers modern finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and sleek tile flooring throughout. Some kitchens are equipped with granite islands, adding extra prep and dining space. The property includes convenient on-site parking, a community laundromat for tenants, landscaped grounds, and a centralized community mailbox area. Located just minutes from the highway, this property offers easy accessibility while maintaining a walkable downtown location. A rare turnkey investment with stable occupancy—100% leased and generating consistent income

Location

State TX

County Titus

Zoning Residential

Direction GPS Friendly

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Ceramic Tile

Heat Source Central, Electric

Exterior

Utilities Available All Weather Road, City Sewer, City Water, Community Mailbox, Sidewalk

Roof Type Composition

Garage No

Building

Lot Description Cleared

Foundation Slab

Structure Type Brick

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Private Financing Available

Listing Terms 1031 Exchange, Cash, Conventional, Private Financing Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20921279

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Dennys Gonzalez • Texas Legacy Realty

Nearby School & Business

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Mike Bowman

+1(817) 328-2342

Broker License ID: 0273938

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316 W 7th Street #100-124 Mount Pleasant, TX 75455

Mike Bowman

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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