High cash flow investment opportunity in Tyler, TX. This income producing property is currently configured as a room rental featuring 8 individual rooms plus 1 studio apartment, offering multiple income streams.
The property has the potential to generate approximately $6,000 per month ($72,000 annually) under a room rental model, with additional upside through further optimization, including the possibility of adding another unit.
The home showcases classic architectural character, offering the appeal of a historic style property without formal historic designation.
This asset provides flexibility for investors seeking strong cash flow, as well as the option for partial owner occupancy if desired.
Conveniently located near major roads, employment centers, and everyday amenities, while still offering the benefits of being outside city limits.
A unique opportunity to acquire a high yield investment property with income potential and operational flexibility.