518 Oakridge Dr Unit 9 units, Greenville, TX 75402
- $1,600,000
- 18
- BD
- 18
- BA
- List Price
- $1,600,000
- Price Change
- ▼ $350,000 1784865674
- MLS#
- 21276833
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1988
- Construction Status
- Preowned
- Bedrooms
- 18
- Full Baths
- 18
- Acres
- 0.07
- County
- Hunt
- City
- Greenville
- Subdivision
- Oak Ridge Add
- Building Name
- Townhouses
Property Description
Nine fully occupied connected townhomes offering an outstanding investment opportunity in a high-demand rental area near L3Harris Technologies and Lamar Elementary School. Seller prefers to sell all nine units together as a package deal and will not divide. Each townhome features 2 bedrooms, 2 bathrooms, a one-car garage, granite countertops, dishwasher, and electric range. Strong tenant appeal due to proximity to major employers, schools, shopping, restaurants, and convenient access to Interstate 30 for commuters traveling into Dallas. Property offers stable occupancy with excellent income-producing potential for investors seeking a turnkey multifamily opportunity. Functional floorplans, low-maintenance features, and desirable location contribute to long-term rental demand. Easy access to retail, dining, and everyday conveniences makes these units attractive for both workforce and family tenants. Excellent opportunity to expand or begin an investment portfolio with a fully leased package in a growing area. Current occupancy provides immediate cash flow with upside potential for future appreciation and rental growth. Rare chance to acquire multiple connected townhomes in one transaction with strong rental history and desirable amenities. Ideal for investors looking for consistent income, strong tenant retention, and a property positioned near employment centers and commuter routes.
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Additional Information
- Unexempt Taxes
- $27,000
- Lot Size
- 3,005
- Acres
- 0.07
- Lot Description
- Irregular Lot, Landscaped, Level, Few Trees
- Interior Features
- Eat-In Kitchen, High Speed Internet, Cable TV, Walk-In Closet(s)
- Flooring
- Carpet, Vinyl
- Foundation
- Slab
- Roof
- Composition
- Stories
- 1
- Pool Features
- None
- Carport Spaces
- 1
- Parking Garage
- Alley Access, Garage - Single Door, Garage, Garage Door Opener
- School District
- Greenville Isd
- Elementary School
- Lamar
- Middle School
- Greenville
- High School
- Greenville
- Possession
- CloseOfEscrow
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Listing courtesy of Holly Gray from Century 21 First Group. Contact: 903-456-3165