513 NW 6th Street Active Save Request In-Person Tour Request Virtual Tour
Mineral Wells,TX 76067
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Wiggins
MLS Listing ID 20720120
Year Built 1920
Annual Tax Amount $11,016
Lot Size 10,497 Sqft
Property Description
Fantastic investment opportunity to own iconic multi-unit apartment complex close to Downtown Mineral Wells! Located in the lovely, Northwest quadrant of the city, this charming six-unit stucco building has had multiple updates in the past 7 years including approximately 90 percent of the plumbing, roof replacement, electrical panels, removal of gas service, water heater, addition of ductless air units in ground units, and many other updates. Built in 1920, and 9 years older than the famous Baker Hotel, each individual apartment still reflects some of the historical charm of its original era, including hardwood floors, stucco walls and customized shelves and cabinetry. Property is being sold AS IS, and as of listing date, one unit is becoming available and all others have 12 mo or M2M leases with varying expiration dates. With each unit boasting approximately 1200 sf of space, these apartments have the potential to be updated into luxury, urban villa suites! Call today for more info!
Location
State TX
County Palo Pinto
Community Curbs
Interior
Heating Electric
Cooling Electric,Wall Unit(s),Window Unit(s)
Flooring Hardwood
Exterior
Fence None
Community Features Curbs
Utilities Available Cable Available,City Sewer,City Water,Curbs
Roof Type Flat
Building
Story Three Or More
Foundation Combination,Other
Structure Type Stucco
Schools
Elementary Schools Houston
Middle Schools Mineralwel
High Schools Mineralwel
School District Mineral Wells Isd
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Aerial Photo