11-UNIT APARTMENT BUILDING, 1 SINGLE FAMILY HOME, 1 RETAIL $675,000

Lake Lot For Sale near Cooper Lake

11-UNIT APARTMENT BUILDING, 1 SINGLE FAMILY HOME, 1 RETAIL BUILDING AND A 1/2 ACRE VACANT LOT ALL ON 1.4 ACRES OF LAND!!! EXCELLENT INCOME OPPORTUNITY WITH ROOM FOR IMPROVEMENT!!! This income producing, well-maintained multi-family with mixed-use property sits on 1.4 acres located in the city of Cooper at the corner of Tenth St and W Dallas Ave (AKA Business 24). There is an 11-unit efficiency suite apartment complex that is 100% occupied with mostly long-term, solid tenants and there is a wait list. There is a coin operated laundromat for tenants use only. There is a .5-acre vacant lot at the corner of W Dallas Ave and Tenth St. adjacent to the apartment building that can be developed with easy access to electric, public water and sewer, natural gas and internet. There is a nice 1,250 sq' single family residence on the property that can be used as a residential rental (currently not being rented). There is a very charming commercial 1,765 sq' retail building on the property that is currently occupied by a tenant who has a barber shop and tanning salon. Seller has an existing survey. Here, you are 16 miles to Commerce, TX, 59 miles to Rockwall, TX and 76 miles northeast of Dallas.