3200 sqft | 4 beds | 2 baths | 0.18 acres | #20806797
Description
Calling all Builders, Landlords, and Flippers, if you're looking for an excellent opportunity for a Great Deal, check out this rare property in the peaceful community of Ennis! This huge Two-Story property could be a remarkable income-producing property! According to the Special NC Zoning Code, this property could Multi Family with four or more doors, a Duplex, a Group Home, a Bed and Breakfast, a Religious Assembly, and a number of other Special uses! Once the pride of the neighborhood, the property featured an upstairs living area and a Retail Store and Cleaners downstairs. The next-door adjoining lot comes with the sale and has been used for parking! This property has outstanding potential and is an excellent project for Seasoned Investors! The After Repaired Value is $375,000 to $400,000, depending on your buyer's quality of work! The Rehab costs are $70,000 to $80,000, depending on who does the job! The Rental Income could be as much as $6,000 a month, depending on your Buyer's design plans! This property is near the historic Downtown Ennis, has great restaurants, and has all the major freeways! Send your Buyer by to see this one before it gets away! Selling AS IS! The Offer Deadline Date is Tuesday, January 7th, at 7 pm! No Blind offers will be accepted. The survey and Zoning Brief Report have been uploaded!
Property Details
- Property SubtypeSingle Family Residence
- Utility FeaturesCity Sewer, City Water
- SubdivisionSmith-Rev
- School DistrictEnnis ISD
- Property TypePurchase
- MLS #20806797
- MLS #20806797
- Square Feet3200.00
- Acres0.1780
- Elementary SchoolAustin
- Cost139000
- InteriorOther
- CountyEllis
- Year Built1950
- Bedrooms4
- Bathrooms2
- Full Baths2
Location
Legal
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Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Paul Lewis (#0334033), Phone: (214) 467-0467
Listing Office: Texas Investors Realty (#OMNI01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.