$750,000
Est. payment /mo
8,712 Sqft Lot
New
1123 E Commerce Tyler, TX 75702
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Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26014507
Construction Status Pre-owned
Year Built 1930
Annual Tax Amount $16,247
Tax Year 2026
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Building
Source Greater Tyler Association of REALTORS
Property Description
Turnkey opportunity to own 27 rent houses. All are rented at this time (except 1 that is a warehouse for Landlord), rental agreements are all in writing with enforceable language, monthly rent income is 17,780.00 ($213,360.00 / yr.). They are in various stages of condition, but all are livable. Great opportunity to keep an income stream while you update 3 or 4 at a time to increase rental income. Many long term tenants in these units with surprisingly little turnover.
Location
State TX
County Smith
Interior
Heating Space Heat
Cooling Window Unit(s), None
Furnishings Pre-owned
Exterior
Utilities Available Underground Utilities, Separate Electric Meter, Separate Water Meter, Electric On Site, Natural Gas Connected
Building
Lot Description Inside City Limits
Sewer Public Sewer
Water City Tyler, Public, Water Onsite
Construction Status Pre-owned
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by John Owen Ebby Halliday - Tyler
NEARBY SCHOOL & BUSINESS
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