1946 N Bosley Rd, Santo, TX 76472
- $425,000
- 8
- BD
- 5
- BA
- List Price
- $425,000
- MLS#
- 21381761
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 2001
- Construction Status
- Preowned
- Bedrooms
- 8
- Full Baths
- 5
- Acres
- 6.96
- County
- Palo Pinto
- City
- Santo
- Subdivision
- na
- Building Name
- Na
Property Description
Maximize your portfolio with this potential high-yield, triple-income investment property in Santo, Texas. Uniquely positioned for positive cash-flow, this expansive 6.956-acre property features three distinct homes that combine for a total of 8 bedrooms, 5 bathrooms, and 4,342 square feet of rentable living space. This is the ultimate value-add BRRRR project or equity-builder for a seasoned investor while all three homes require repairs and a renovation budget, the seller is highly motivated. Whether you are looking to do a full cosmetic overhaul, tackle structural updates, or execute a staggered renovation while living on-site, this property offers a blank canvas to build substantial equity. Investors will love the hassle-free logistical setup, a common entrance provides easy access, but utilities are completely independent for each dwelling. The property's housing mix includes A spacious 2,118 sq. ft. Solitaire double-wide (3 Bed 2 Bath). A 1,216 sq. ft. single-wide mobile home (3 Bed 2 Bath), providing an in-demand, family-friendly layout that requires repairs but could have an exceptional dollar-per-square-foot rental return once brought up to market standards. The Detached House A rustic 1,008 sq. ft. traditional single-family residence (2 Bed 1 Bath) built in 1910, offering a completely independent, site-built historic structure. Bring your tools, and your investment vision, this is a rare opportunity to purchase from a motivated seller, force potential immediate appreciation through rehab, and scale your portfolio with a potential high-cap-rate asset. Seller is in the midst relocating so homes are cluttered. Buyer to verify all information independently.
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Additional Information
- Unexempt Taxes
- $2,828
- Amenities
- Fireplace
- Lot Size
- 303,003
- Acres
- 6.96
- Lot Description
- Backs To Greenbelt Park, Few Trees
- Interior Features
- Open Floor Plan
- Flooring
- Carpet, Laminate
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- Stories
- 1
- Pool Features
- None
- Fireplaces
- 1
- Fireplace Type
- Electric
- Parking Garage
- Common
- School District
- Santo Isd
- Elementary School
- Santo
- Middle School
- Santo
- High School
- Santo
- Possession
- CloseOfEscrow
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Marty Logan from SOURCE 1 REAL ESTATE. Contact: (940) 325-9144
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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