1032 Greg St - Residential Income FOR SALE


Azle, TX 76020
$1,199,000 USD
817-233-5839
1032 Greg St, Azle, TX for Sale
$1,199,000 USD
Residential Income - FOR SALE
1/10
null | Request Cap Rate

1032 Greg St
Azle, TX 76020


HIGHLIGHTS

  • Rare five-unit investment property on a full acre, offering immediate income and long-term growth potential.
  • Diverse unit mix including three single-family homes and one duplex for tenant stability.
  • Four of five units recently updated, with value-add opportunity remaining for future upside.
  • Private well with individual meters per unit simplifies utility management and reduces operating costs.
  • Recently upgraded septic system with modern equipment for dependable performance.
  • Each unit includes garage parking, increasing tenant convenience and rental appeal.

OVERVIEW

FANTASTIC INVESTMENT OPPORTUNITY, the one you’ve been waiting for! Welcome to a rare, income-producing property featuring five units situated on a full acre, offering both immediate cash flow and long-term upside. This unique portfolio includes three single-family homes and one duplex, providing an ideal mix for tenant diversity and rental stability. Four of the five units have been thoughtfully updated, allowing a new owner to step into a largely turn-key investment while still benefiting from future value-add potential on the remaining unit. The property is equipped with its own private well, with individual meters for each unit, helping streamline utility management and reduce owner expenses. A recently reworked septic system with updated equipment adds peace of mind and minimizes near-term capital expenditures. Numerous additional upgrades throughout the property further enhance its appeal and functionality. Each unit also features garage parking, a highly desirable amenity that adds convenience for tenants and increases rental appeal. Situated at 1020, 1024, 1026, 1028, and 1032 Greg Street, in Azle, TX, this multi-unit offering combines space, infrastructure, and income potential, all in one compelling package. Don’t miss this exceptional opportunity to expand your portfolio with a high-performing, multi-unit property! Showings are available every Wednesday from 10am-11am.

FOR SALE DETAILS

PRICE

$1,199,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Units 1-5

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,337 SF

ZONING

A1

APN/PARCEL ID

R000055539

ASK ABOUT THIS PROPERTY

Amanda LangleyTrinity Group RealtyMore Info
817-233-5839

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Amanda LangleyTrinity Group RealtyMore Info
817-233-5839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.