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Discover a unique investment gem nestled near the serene Lake Bob Sandlin. This versatile property features three distinct buildings, each currently generating rental income and offering multiple possibilities for savvy investors. The property's centerpiece is a charming 600-square-foot building with a rich history as a former bait shop, perfectly positioned to serve lake enthusiasts. Adjacent to this, you'll find a cozy 400-square-foot efficiency unit, already occupied by a reliable tenant. Completing the trio is an impressive 2,100-square-foot shop building, also currently leased, providing steady income potential. Strategic location is key, and this property delivers with excellent visibility and consistent traffic flow along a well-traveled route to Lake Bob Sandlin. Whether you're considering maintaining the current rental arrangement or exploring new business ventures, this property offers flexibility and promising returns. The buildings are thoughtfully positioned to maximize the site's potential, creating an ideal setup for various commercial or mixed-use scenarios. With three separate units, you can diversify your income streams while maintaining the property's established presence in this lake-adjacent community. This turn-key investment opportunity presents a rare chance to acquire multiple income-producing structures in a prime location. Current rental income demonstrates strong potential for positive cash flow, making this an attractive option for investors seeking a stable return on investment. Schedule your private showing today to explore this compelling opportunity firsthand.
| DAYS ON MARKET | 1 | LAST UPDATED | 11/23/2024 |
|---|---|---|---|
| YEAR BUILT | 2001 | COUNTY | Titus |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Mt Pleasant |
|---|---|
| Jr. High School | Mt Pleasant |
| High School | Mt Pleasant |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dishwasher, Electric Oven, Refrigerator |
|---|---|
| CONSTRUCTION | Metal Siding |
| FIREPLACE | Yes |
| INTERIOR | In-Law Floorplan |
| LOT | 9148 sq ft |
| STORIES | 2 |
| STYLE | Barndominium, Traditional |
| TAXES | 214.96 |
| WATER ACCESS | Bob Sandlin |
| WATERFRONT DESCRIPTION | Lake |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Jennifer Hageman, Texas Ally Real Estate Group
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