This charming duplex is a ready-to-go investment opportunity! Each side offers a functional layout of 2 bedrooms, 1 bath, kitchen, and living room, as well as a shaded front entrance porch. Recent and extensive repairs have prepared this property for those seeking a steady cash flow without the headache of deferred maintenance. Side B is already rented to a reliable tenant, providing $1,050/mo immediate income potential. Side A is ready-to-rent for a higher monthly income, but also offers the perfect opportunity for owner occupancy (lower down payment on purchase + rental income)! BONUS: Also included is a beautiful lot with 2 mature pecan trees, ready to enjoy or join the neighborhood development with a new construction! The property is registered with the Marshall Housing Authority to provide clean and safe housing for those with housing vouchers. Renovations: New roof New attic insulation Pier and beam foundation repairs to restore structural integrity New flooring and subfloor Fresh paint exterior and interior 8 new window units
Investors! Owner financing available! This multi-unit rental property is near completion and waiting on your finishing touches! Even the remaining renovations can be financed! Level 1 is a flexible space with 1729 sq ft that has several rooms, and a large, shared space could be used for storage or a common area. Level 2 is also 1729 sq ft and is currently designed to be a "co-living/pad split" (think dorm style) space intended to rent rooms to tenants who would also have a common living area and kitchen. Great design for college kids. Level 3 is once again 1729 sq ft and features 2 2-bedroom 1-bath apartments that have already been updated. Level 4 555 sq ft and is another 2-bedroom 1 bath apartment. Lots of possibilities with this property, including 5 plex with 3 apartment units rehabbed already, or can be 3 apartments with 6 single rooms for rent. Property sits on nearly half an acre with ample parking. This investment opportunity is centrally located near downtown and local colleges, making it convenient to all Marshall has to offer!
Marshall is located in Texas. Marshall, Texas has a population of 22,862. Marshall is less family-centric than the surrounding county with 24.86% of the households containing married families with children. The county average for households married with children is 29.16%.
The median household income in Marshall, Texas is $45,500. The median household income for the surrounding county is $57,996 compared to the national median of $69,021. The median age of people living in Marshall is 34.7 years.
The average high temperature in July is 92.5 degrees, with an average low temperature in January of 35.2 degrees. The average rainfall is approximately 51.2 inches per year, with 0.8 inches of snow per year.
