115, 117 & 117.5 E Tennie
Gainesville, TX 76240

  • 5 beds
  • 3 baths
  • – sqft
  • 13,416 sqft lot
  • 1930 build
  • on site

Investors are you looking for 3 tenant occupied properties that will generate income immediately? This is a perfect opportunity for you. All 3 of these properties are occupied, currently producing over $32,000 in gross income. In the heart of Gainesville historical district, these properties are in an excellent area. Easy accessibility to I-35 enhances their appeal, facilitating convenient commuting. Whether you're starting your rental portfolio or expanding it, this investment in a historically rich location with reliable income streams presents a promising prospect. There is one home with 2 bedrooms 1 bath and a 1 car garage. The second home is 2 bedroom 1 bath with no garage. The third property is a 1 bedroom 1 bath. The 2 bedroom units have central heat hvac, spacious kitchens and 728 sq feet. Since these are tenant occupied, you will need to have proof of funds and financing preapproval available for verification prior to showing. Call agent or your local agent for more info.

North Texas Real Estate Information Systems, Inc. logo Listing courtesy of NTREIS / RE/MAX Signature Properties

Last checked: Checking… • Last updated May 10, 2024 •

MLS# 20517860 —

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Sale history

Date Event Source Price % Change
5/6/24
Sold Subject To Contingencies NTREIS $329,000
1/25/24
Listed / Active NTREIS $329,000

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Multifamily

$329,000

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Listing provided by broker:

Nev Hewitt-Patterson

RE/MAX Signature Properties

903-200-5550

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This multifamily located in Gainesville, TX 76240 is currently for sale for $329,000. 115, 117 & 117.5 E Tennie is a – square foot multifamily with 5 beds and 3 baths that has been on Estately for 107 days. This multifamily is in the attendance area of Gainesville Middle School, Edison Elementary School, Gainesville High School, W E Chalmers Elementary School, and Robert E Lee Intermediate School.

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