Gainesville, TX 76240 702 N Commerce Street

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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 20892601
  • 04/03/2025
  • Get pre-approved
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Presented By: BRANDON PARKER with Fathom Realty, LLC; (888) 455-6040
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • Beds • 7
  • Baths • 5
  • Year Built • 1940

Home Details

Investor's Dream! 4 Income Producing Properties in Gainesville, TX! Don't miss this rare opportunity to own a package of four fully rented dwellings in one convenient location! This investment portfolio includes the following addresses: 1) 702 N Commerce (Duplex): Side A is a 1 bed, 1 bath unit with 846 sq ft. Side B offers 1 bed, 1 bath with 690 sq ft. 2) 706 N Commerce: A charming single family home featuring 2 bedrooms, 1 bath, and 1,129 sq ft of living space. 3) 706 and Half N Commerce (Garage Apartment): A standalone 1 bed, 1 bath apartment with 780 sq ft, tucked behind 706. 4) 115 Blanton: A cozy 2 bed, 1 bath home offering 863 sq ft. Each property is currently rented, offering immediate and steady income. Whether you're a seasoned investor or just starting your portfolio, this package delivers strong rental potential with options: keep all as a cash flowing bundle or sell individually after purchase. Located near historic downtown Gainesville, these homes are minutes from local shopping, dining, and wineries, making them attractive to tenants seeking charm and convenience. Call today for more details or to schedule a private tour of this unique multi property opportunity!
Presented By: BRANDON PARKER with Fathom Realty, LLC; (888) 455-6040

Interior Features for 702 N Commerce Street

Bedrooms

Total Bedrooms7

Bathrooms

Half Baths0
Total Baths5

Other Interior Features

FlooringLaminate
Interior FeaturesCable TV Available
Lock Box TypeNone
Total Units5
Unit Count5

General for 702 N Commerce Street

# of Buildings4
AppliancesElectric Range
Capitalization Rate0.00
CityGainesville
Complex NameNone
Construction MaterialsSiding
CoolingCentral Air
CountyCooke
DirectionsUse GPS
Elementary SchoolEdison
Elementary School NameEdison
Full Baths5
Gross Annual Expenses0.00
HOA TypeNone
HeatingCentral
High SchoolGainesvill
Insurance Expense7560
Junior High SchoolGainesvill
LevelsTwo
Listing TermsCash, Conventional
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictGainesville ISD
Standard StatusActive
StatusActive
Subdivision NameGainesville Add
Unexempt Taxes1952
UtilitiesCable Available, City Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1940
Year Built DetailsPreowned

Exterior for 702 N Commerce Street

Building Area Total1488.00
Foundation Pillar/Post/Pier
Lot Size Acres0.1430
Lot Size Area0.1430
Lot Size Square Feet6229.0800
Lot Size UnitsAcres
Number Of Parking Spaces7
Parking FeaturesCommon

Additional Details

Price History

Schools

Elementary School Edison Elementary School
Middle School N/A

Suzanne Smith

Broker/Owner
Price $599,000
MLS#20892601
List Date 04/03/2025
Property Type Multi-Family
Phone 903.235.4216
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