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Kim Story

Story Real Estate

Mexia, TX 76667

254-562-6617
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Listing 12 out of 123
$499,900 Active Option Contract

200 S Beaton Street
Corsicana, TX 75110

6 units | Multi Family Home
0.095 acres - MLS# 13837300
Property Photo
1/18

Description

OPPORTUNITY ZONE INVESTMENT LOCATION!!! A very rare opportunity in Historic Downtown Corsicana which is in the middle of an OPPORTUNTY ZONE!!!. A 148 year old bank turned into 6-unit apt complex. Keep it that way or it could be more... A possible desperately needed downtown Hotel? Air B&B? You name it. In Corsicana, a rapidly renovating downtown only one hour from the Dallas Metroplex, this property has many different possibilities of becoming the next great business adventure for you. Currently 100% occupied and typically stays that way!

Features

  • Property Type: Multi Family Home
  • Sub Type: Apartment/5Plex+
  • Listing Status: Active Option Contract
  • County/Area: Navarro County
  • Zip Code: 75110
  • Year Built: 1870
  • Subdivision/Neighborhood: Corsicana
  • School District: Corsicana ISD
  • Elementary School: Fannin
  • Middle School: Drane, Collins
  • High School: Corsicana
  • Stories: 2
  • Units: 6 units
  • Bedrooms: 9
  • Full Baths: 6
  • Half Baths: 1
  • # of Parking Spaces: 10
  • Lot Size: 0.095 acres
  • Baths: 7
  • Area: NAVARRO COUNTY (48), Corsicana (1)
  • Building Area Source: Tax
  • Community Features: Laundry
  • Complex Name: The Bank Apartments
  • Construction Materials: Brick, Concrete
  • Flooring: Brick/Adobe, Carpet, Ceramic Tile, Concrete, Laminate, Stone, Vinyl, Wood
  • Foundation Details: Slab
  • Gross Annual Expenses: 27000
  • Gross Annual Income: 63900
  • Heating: Central Air-Elec, Central Heat-Elec
  • Insurance Expense: 2000
  • Interior Features: Cable TV Available, High Speed Internet Available, Loft, Multiple Staircases
  • Lot Features: Corner
  • Lot Number: 9
  • Lot Size Area SQFT: 4138.20
  • Lot Size Units: Acres
  • Net Annual Income: 36900
  • Number Of Buildings: 1
  • Other Equipment: Dishwasher, Range/Oven-Electric, Refrigerator, Vent Mechanism
  • Parking Features: Unassigned Spaces
  • SQFT Building: 7788
  • Total Annual Expenses Include: Maintenance, Management, Taxes, Water/Sewer/Trash
  • Utilities: Asphalt, City Sewer, City Water
  • Year Built Details: Preowned
Courtesy of Earnest Walker Realty, Inc.

Story Real Estate

714 E. Milam
Mexia, TX 76667
Phone: 254-562-6617
Fax: 254-562-6977
Email: kim@kimstorysold.com

Testimonials

Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional.
In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you!
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