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  • Price$390,000
  • Acres0.25
  • Built1930

1106 Esplanade Street, Marshall

7-unit multi-family located in a highly desirable area. Built in 1930, this property retains its historic appeal while boasting modern updates. Extensive updates were made in 2021 and 2022, ensuring contemporary amenities and functionality. A new roof was installed in 2023. This property is ideal for investors seeking steady rental income in a thriving rental market. Demonstrates consistent occupancy rates and rental income, appealing to investors seeking a reliable investment opportunity. It is positioned in a rapidly developing area, with a 10+ Cap Rate, and offering potential for future property value appreciation.

Essential Information

  • MLS® #20562073
  • Price$390,000
  • Bathrooms0.00
  • Acres0.25
  • Year Built1930
  • TypeResidential Income
  • Sub-TypeMulti Family
  • StatusActive

Amenities

  • UtilitiesCity Sewer, City Water
  • Parking Spaces7
  • GaragesOn Site

Exterior

  • Lot DescriptionCleared
  • RoofComposition
  • ConstructionFrame, Wood
  • FoundationPillar/Post/Pier

Listing Details

  • Listing AgentSam Scarborough
  • Listing OfficeScarborough Commercial Real Ll

Community Information

  • Address1106 Esplanade Street
  • SubdivisionRainey
  • CityMarshall
  • CountyHarrison
  • StateTX
  • Zip Code75670-1900

Interior

  • Interior FeaturesDecorative Lighting, Eat-in Kitchen
  • HeatingCentral, Electric

School Information

  • DistrictMarshall ISD
  • ElementaryMoore
  • HighMarshall
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Listing information last updated on May 4th, 2024 at 7:15am CDT.