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$99,900

Est. payment - /mo

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2 Beds

2 Baths

7,492 Sqft Lot

New

1408 / 1410 S 12th Street Longview, TX 75602

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Derek & Kim Dean

derek@gosimplytexas.com +1(214) 529-6650

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Reynolds L S

MLS Listing ID 21316647

Bedrooms 2

Full Baths 2

HOA Y/N None

Total Fin. Sqft 1212

Year Built 1951

Annual Tax Amount $2,938

Lot Size 7,492 Sqft

Acres 0.172

Property Sub-Type Duplex

Property Description

Exceptional investment opportunity with unlimited potential! This duplex offers the chance to create strong cash flow and build long-term equity. Featuring two separate units, each currently configured as a 1-bedroom, 1-bath residence, both have been almost gutted and are ready for your vision. With the major demolition already completed, you can skip the tear-out phase and move directly into designing the finished product. The spacious layouts provide an excellent opportunity to reconfigure each unit into a desirable 2-bedroom floor plan, maximizing rental income and increasing future property value. Whether you're an experienced investor, contractor, or someone looking for their next renovation project, this property offers the flexibility to customize the interiors to today's rental market. Unit 1408 offers approximately 1,212 square feet and sits on a 50' x 150' lot, while Unit 1410 features approximately 1,609 square feet on a generous 75' x 150' lot, providing additional outdoor space and possibilities. Separate addresses add convenience for future tenants and property management. With the growing demand for quality rental housing, this property presents an outstanding opportunity to renovate, lease, and generate consistent income, or renovate and hold as a long-term investment. Investors may also consider living in one unit while renting the other, depending on local regulations and their intended use. Bring your contractor, your imagination, and your vision to transform this blank canvas into a profitable income-producing property. Opportunities like this are becoming increasingly difficult to find. Property is being sold AS-IS and is priced to allow the next owner to bring their vision to life. Cash buyers or purchasers completing a 1031 Exchange only. No seller financing is available. Buyer to verify all measurements, zoning, permitted uses, and renovation requirements.

Location

State TX

County Gregg

Direction Use GPS

Interior

Interior Features Paneling

Heating None

Cooling None

Flooring Wood

Fireplaces Type None

Appliance None

Heat Source None

Exterior

Carport Spaces 2

Utilities Available Asphalt, City Sewer, City Water, Electricity Available

Roof Type Asphalt

Total Parking Spaces 2

Garage No

Building

Lot Description Cleared, Few Trees, Interior Lot, Lrg. Backyard Grass

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Frame,Siding,Wood

Schools

Elementary Schools South Ward

Middle Schools Forrest Park

High Schools Longview

School District Longview Isd

Others

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21316647

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Rick Lamoureux • Skylite Realty LLC

Nearby Locations

1408 / 1410 S 12th Street Longview, TX 75602

Derek & Kim Dean

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1408 / 1410 S 12th Street