Longview, TX 75602 429 Johnson Street
$1,125,000
- MLS# 20513984
- 01/17/2024
Presented By: Will Clark with OmniKey Realty, LLC.; 972-480-8280
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 32
Baths • 24
Year Built • 1974
Home Details
24 unit multi-family available in Longview! Nearly 100% occupied. Over 15.5K monthly gross rents! 23 of 24 units have been renovated!. ***Two Brand New Roof's Just Installed*** New kitchen cabinets in most units, granite c-tops, SS appliances, new fixtures, moldings, flooring, too many to list! Exterior remodel includes painting, wood accents, windows, fencing, approximately 50% of the AC units replaced and much more! Owner has put over 400K into renovating the property! On-site remodeled Laundry room with new tenant pay-for-use machines! Extra revenue generator!! Rare opportunity to own a large multi-family property for under 1.2 million!
*Owner is exiting this territory due to proximity from corporate office in Plano*
Presented By: Will Clark with OmniKey Realty, LLC.; 972-480-8280
Interior Features for 429 Johnson Street
Bedrooms
Total Bedrooms32
Bathrooms
Half Baths0
Total Baths24
Other Interior Features
FlooringOther
Interior FeaturesCable TV Available, High Speed Internet Available, Other
Lock Box TypeCombo
Total Units24
Unit Count2
General for 429 Johnson Street
# of Buildings1
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Other
Capitalization Rate0.00
CityLongview
Complex NameJohnson Multi-Family
Construction MaterialsBrick, Siding, Wood
CoolingCentral Air, Electric
CountyGregg
DirectionsProperty is on Johnson Street on the left.
Elementary SchoolBramlette
Elementary School NameBramlette
ExclusionsAll tenant belongings. Email all questions and offers to Will Clark at Wclark@OmniKeyTexas.com
Full Baths24
Gross Annual Expenses0.00
HOA TypeNone
HeatingCentral, Electric
High SchoolLongview
Insurance Expense
LevelsTwo
Listing TermsCash, Conventional, Other
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding, Lease Outstanding, Other
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
School DistrictLongview ISD
Standard StatusActive
StatusActive
Subdivision NameRollins School
Unexempt Taxes13452
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1974
Year Built DetailsPreowned
Exterior for 429 Johnson Street
Building Area Total18710.00
Foundation Slab
Garage Y/NNo
Lot Size Acres1.0340
Lot Size Area1.0340
Lot Size Square Feet45041.0400
Lot Size UnitsAcres
Number Of Parking Spaces24
Parking FeaturesOther
Additional Details
Price History
Schools
Elementary School
Bramlette Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner