1200 N FOURTH ST Active Save Request In-Person Tour Request Virtual Tour
Longview,TX 75601
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 40,000 sqft
Price per Sqft $54
Subdivision Na
MLS Listing ID 25009522
Year Built 1961
Annual Tax Amount $65,743
Tax Year 2024
Lot Size 1.314 Acres
Acres 1.314
Property Sub-Type Fourplex
Property Description
66 UNIT APARTMENT COMPLEX LOCATED IN GREAT LOCATION IN THE HEART OF LONGVIEW BETWEEN THE 2 HOSPITALS. ALL NEW ROOFS 4 YEARS AGO, ALL NEW WINDOWS IN LAST 3 MONTHS, ALMOST HALF HAVE BRAND NEW "PTAC A/C / HEAT UNITS" , MULTIPLE UNITS HAVE HAD RENOVATIONS. PRICED OVER 1 MILLION DOLLARS BELOW CURRENT TAX APPRAISAL. ROAD FRONTAGE ON ALL 4 SIDES WITH OVER 1.3 ACRES. ALMOST 40,000 SQFT WITH 2 - 2 STORY BUILDINGS, ON SITE LAUNDRY FACILITY AND WORKSHOP AREA. 8 EFFECIENCY, 4 2 BR 2BATH, 9 2 BR 1 BATH AND 45 1 BR 1 BATH. ONE OF THE ONLY "ALL BILLS PAID" IN THE AREA. LARGE OPEN COURTYARD IN THE CENTER OF THE PROPERTY WITH COMMON AREA. NOTE!!!! THERE ARE ONLY 14 UNITS OCCUPIED DUE TO ONGOING REPAIRS AND RENOVATION. THIS IS A BANK FORECLOSURE AND NO T-12 OR PASTRENTAL HISTORY AVAILABLE. SALE IS BASED ON PROFORMA AND FUTURE VALUE WHEN FULLY OCCUPIED. ALL OFFERS MUST BE SUBMITTED ON PROPOFFERS.COM.
Location
State TX
County Gregg
Zoning Multi Fam Dwelling 11
Interior
Interior Features Ceiling Fan,Blinds
Heating Central Electric,Other/See Remarks
Cooling Central Electric,Other/See Remarks,Ceiling Fan(s)
Flooring Carpet,Vinyl
Fireplaces Type None
Equipment Range/Oven-Electric,Dishwasher,Refrigerator
Exterior
Exterior Feature Courtyard,Balcony,Other/See Remarks,Porch
Fence None
View Y/N No
Roof Type Built-Up,Other/See Remarks
Building
Foundation Other/See Remarks,Pier and Beam,Slab
Sewer Public Sewer
Water Public
Level or Stories 2 Stories
Schools
Elementary Schools Other
Middle Schools Other
High Schools Longview
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional