158 E Colorado St
La Grange, TX 78945
Multifamily Property For Sale · 10 Units

LOCATION! LOCATION! LOCATION! This 1926 property located in the heart of La Grange, TX is directly across from City Hall and walking distance from downtown, the courthouse, post office, and many thriving local businesses located around the historic square. It is even set up perfectly for the locally famous Labor Day parade route. In the 1900's this property functioned as a Doctor's personal Office and Residence. It remains today well suited for a thriving Bed and Breakfast, Commercial business or Offices, a Restaurant with a great atmosphere and/or.....YOUR own personal Residence just like it functioned for the doctor. Today...the first floor functions as 3 separate living quarters, the 2nd floor having 6. There are some private bathrooms as well as a full community bath located on the second floor. The third floor attic has the potential to be finished out. In addition, there is an adorable stand alone Cottage that measures around 609 square feet and includes a kitchen, a full bath and living quarters as well as it's own entrance. Property features....... Hardwood Floors, solid Wood Doors and Molding, High Ceilings, downstairs wrap around Porches, upstairs extended porches, covered area with cement flooring on the side and backside of the property now used for storage and includes a covered Carport. There are windows in every room that allow for tons of natural light. In 2018 the outside of the property was hand painted and the updated, 40 year roof was installed in 2004. Current annual termite contract in place. Each unit has a refrigerator & window units (7 were replaced in 2019) which will convey with the property. This property has great character and charm! INVESTORS.... 10 private quarters leased out....could be a great addition to your portfolio! Call Tiffany Johnston (281)799-2138 to schedule a showing (24 hours notice required).