$154,000

2001 Washington Street, Commerce, TX 75428

  • 3 beds |
  • 2 baths |
  • 1,502 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon5,837sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $103/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

This exceptional investment property has been converted to three well-maintained rental units, two of which are currently leased, providing immediate rental income. Each unit is designed for student living, offering rooms at $650 each—an all-inclusive price and comes fully furnished with stylish furniture and smart TVs. The market average rent for similar rooms is $800, making this an attractive opportunity for investors. The property includes an updated kitchen and bathrooms, smart locks on doors, enabling secure, remote management, and is set up with three bedrooms and 1.5 bathrooms, ideal for student tenants. The property is walking distance to East Texas A&M University. Additionally, the property boasts a **lifetime foundation warranty**, offering long-term peace of mind. With a professional maintenance crew and management already in place, this property requires minimal effort for day-to-day operations, making it a truly hands-off investment. Don’t miss the chance to expand your portfolio with this prime, well-positioned, fully-equipped student rental property that promises solid returns and hassle-free ownership.

Listing Status:
Active
Listing Office:
Coleman Realty Associates : 972-822-7129
Listing Agent:
Shatto Coleman :
MLS ID:
20868703
  • General: Other
  • Appliances: DishwasherDisposalMicrowave
  • A/C: Central Air
  • Heating: Other
  • Fireplace: Fireplaces: 0

This listing courtesy of Shatto Coleman, Coleman Realty Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Albert C Williams Elementary School

615 Culver St, Commerce, TX, 75428

Grades 3-5

0.99 miles away

C

Commerce Middle School

606 Culver St, Commerce, TX, 75428

Grades 6-9

0.85 miles away

C

Commerce High School

3800 Sregit Dr, Commerce, TX, 75428

Grades 9-12

1.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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