$ 1,650,000

3615 Hazel Street #3601

Texarkana, TX 75503

  • 42 Beds
  • 2.05 Lot Size
  • 1976 Year Built
Northgate Square in Texarkana is a a great investment to add to your portfolio! 100% occupied! This 16-unit multifamily complex consists of 8 well-maintained duplexes, each offering covered parking, providing both convenience and added value for tenants. The property features a mix of 2-bedroom and 3-bedroom units, catering to a wide range of tenant preferences. This diversity enhances your rental income potential and ensures a steady stream of occupancy. The current owner has taken great strides to enhance the property's overall appeal and value. Major improvements include multiple new roofs, total remodels of units as they became vacant, and the installation of multiple new HVAC systems. The seller invested alot of time and effort into getting the property to where it is, they have consistently been bumping rents to bring to market rates, and remodeling units as needed. Still room for more value add with the right ownership and plan in place!
Listed by Bryson Swiggart of Compass RE Texas , LLC , Sold By Non-Mls Member of NON MLS

PROPERTY DETAIL

  • Key Details

    Sold Price $1,650,000

    Property Type Condo

    Sub Type Apartment

    Listing Status Sold

    Purchase Type For Sale

    Subdivision Rochelle Heights

    MLS Listing ID 20714858

    Sold Date 11/07/24

    Bedrooms 42

    HOA Y/N None

    Total Fin. Sqft 25086

    Year Built 1976

    Annual Tax Amount $22,258

    Lot Size 2.050 Acres

    Acres 2.05

    Property Sub-Type Apartment

  • Location

    State TX

    County Bowie

    Direction See maps.

  • Building

    Lot Description Cleared, Corner Lot, Few Trees, Interior Lot, Level

    Story Multi/Split

    Foundation Slab

    Level or Stories Multi/Split

    Structure Type Brick,Siding,Wood

  • Interior

    Interior Features Other

    Heating Central, Fireplace(s)

    Cooling Central Air

    Flooring Varies

    Fireplaces Type Living Room

    Appliance Other

    Heat Source Central, Fireplace(s)

  • Exterior

    Utilities Available City Sewer, City Water, Curbs, Electricity Available, Electricity Connected, Individual Gas Meter

    Roof Type Composition,Flat,Mixed,Shingle

    Total Parking Spaces 22

    Garage No

  • Schools

    Elementary Schools Springlkpk

    Middle Schools Texas

    High Schools Texas

    School District Texarkana Isd

  • Others

    Acceptable Financing 1031 Exchange, Cash, Conventional

    Listing Terms 1031 Exchange, Cash, Conventional

    Financing Conventional

CONTACT

Bryson Swiggart
Bryson Swiggart

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