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2603 West Oak Palestine, TX 75801
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Key Details
Property Type Single Family Home
Sub Type Building
Listing Status Sold
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 24001615
Sold Date 05/16/24
Lot Dimensions .1722
Property Sub-Type Building
Property Description
Calling all investors looking for commercial rental property in Palestine on a busy area and street. The Smoke Shop is located on 2603 W. Oak and is leased for another year and a half. Current rent is $1525.00 going to $1600.00 in September. The house beside, 101 7th St. is a 2 bedroom, 1 bath house with an open concept kitchen/living area and utility room. A renter is moving in February 15 for a one year lease at $900.00 per month. The house/office located on 103 7th St. is leased on a month to month basis for $683.00 per month. The large lot extends to the second fence behind the Smoke Shop. Total rental income is $3,108.00 per month. These three properties are a package deal; seller will not separate. Seller does not want to disturb tenants, so there will be no showings until seller has a signed contract. Don't wait for this great opportunity!
Location
State TX
County Anderson
Area Anderson
Zoning Single Family,Commercial
Exterior
View Y/N No
Others
Financing Conventional Fixed
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Bought with Paula Crouch