705 N Ave E, Haskell, TX 79521

$600,000
12
BD
6
BA
5,966
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$600,000
MLS#
21322860
Status
ACTIVE
Type
Condo
Subtype
Residential
Style
Ranch
Year Built
1963
Construction Status
Preowned
Bedrooms
12
Full Baths
6
Acres
0.46
Living Area
5,966
County
Haskell
City
Haskell
Subdivision
Baldwin #1 - Ol 79 Haskell

Property Description

Investment opportunities like this don't come along often! Ideally situated on Avenue E in Haskell, this outstanding income-producing apartment complex offers exceptional cash flow potential in a highly desirable location. The property currently consists of five or six well-appointed apartment units, each featuring central HVAC, updated paint and flooring, and low-maintenance living. The exterior has been thoughtfully maintained and offers covered parking, a fenced yard, and attractive curb appeal, making it an appealing option for long-term tenants. Beyond its current success as a fully leased rental property, this versatile investment offers tremendous future possibilities. The layout could easily be reconfigured into five residential apartments with one dedicated commercial office space, providing additional flexibility for an investor looking to maximize returns. Whether you choose to continue operating the property as a successful apartment complex or explore its mixed-use potential, the opportunities are virtually limitless. Please note: This property is being offered only as part of a package sale with the adjoining residence located at 703 North Avenue E, an immaculate home that is contiguous to the apartment complex. Together, these properties create a rare investment package combining dependable rental income with an exceptional residential property. Schedule your private tour today and discover the potential this unique offering has to offer.

Additional Information

Unexempt Taxes
$4,339
Lot Size
19,863
Acres
0.46
Lot Description
Corner Lot, Landscaped, Few Trees
Interior Features
Eat-In Kitchen, High Speed Internet, Open Floor Plan, Cable TV
Flooring
Carpet, Tile, Vinyl
Foundation
Slab
Roof
Composition
Stories
1
Pool Features
None
Carport Spaces
4
Parking Garage
Additional Parking, Carport, On Site, Open, Off Street
School District
Haskell Cisd
Elementary School
Haskell
Middle School
Haskell
High School
Haskell
Possession
CloseOfEscrow
Community Features
Curbs

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Megan Cox from Rike Real Estate, LLC. Contact: 940-864-2411