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314 S Center Triplex | Turkey Multi-Family 314 S Center St 6 Unit Apartment Building $350,000 ($58,333/Unit) Longview, TX 75601
INVESTMENT HIGHLIGHTS
- Central Location
- Turnkey Investment
- 100% Occupancy
EXECUTIVE SUMMARY
Ready for your next turnkey investment? This multi-family property features two triplexes situated on one parcel in a prime, central location. With a solid rental history, this is a perfect opportunity for investors seeking immediate cash flow with minimal hassle. The property includes a mix of units: three 1-bedroom, 1-bath units; one 2-bedroom, 1-bath unit; and two 2-bedroom, 2-bath units. Electricity is separately metered. Owner covers water, insurance, and taxes. Residents enjoy easy access to Longview’s best shopping, dining, schools, and commuter routes, making this a highly desirable rental location. Whether you're looking to expand your portfolio or dive into your first income property, this investment delivers consistent returns and strong long-term potential. Don’t miss out—schedule your showing today!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
| Price | $350,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $58,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Gross Rent Multiplier | 7.7 | Building Size | 4,119 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1955 |
| Zoning | Multi-Family - Multi-Family | ||
| Price | $350,000 |
| Price Per Unit | $58,333 |
| Sale Type | Investment |
| Gross Rent Multiplier | 7.7 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 4,119 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1955 |
| Zoning | Multi-Family - Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Tub/Shower
- Family Room
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314 S Center Triplex | Turkey Multi-Family | 314 S Center St
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