1206 N Business Hwy 78, Blue Ridge, TX 75424

$700,000
9
BD
3
BA

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List Price
$700,000
MLS#
21269743
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1985
Construction Status
Preowned
Bedrooms
9
Full Baths
3
Acres
1.32
County
Collin
City
Blue Ridge
Subdivision
Blue Ridge
Building Name
Blue Ridge

Property Description

Fantastic investment package opportunity—perfect for investors seeking immediate cash flow or those just getting started and want an option for themselves! This package includes 3 single family properties plus a 0.97 empty lot! Recently renovated, these properties feature modern updates throughout, including granite countertops, durable luxury vinyl plank wood flooring, and updated kitchen and bathroom finishes. This package is ideal for investors looking for a cash-flowing rental property making it a turnkey addition to your rental portfolio. (Unit 1) 1206 N Business Highway 78, sits on a 1.32 acre lot with the 0.97 vacant lot adjacent - Tenant-occupied through 5-28-27 at $1525 per month. (Unit 2) 313 N Church St - Lease Term: 5-31-26 at $1475 per month (Unit 3) 308 W Lamm St - Actively listed for lease. These properties are also available for individual sale.

Additional Information

Lot Size
57,499
Acres
1.32
Lot Description
Back Yard, Lawn, Landscaped, Level
Interior Features
Decorative Designer Lighting Fixtures, Eat-In Kitchen, Granite Counters, High Speed Internet, Other, Cable TV
Flooring
Vinyl
Foundation
Other
Roof
Composition
Stories
1
Pool Features
None
Exterior
Private Yard, Rain Gutters
Carport Spaces
1
Parking Garage
Carport, Driveway
School District
Blue Ridge Isd
Elementary School
Blueridge
Middle School
Blueridge
High School
Blueridge
Possession
CloseOfEscrow, SubjectToTenantRights

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Calculator source: Real Geeks

Listing courtesy of Mallory Adams from OmniKey Realty, LLC.. Contact: 972-480-8280