1408 / 1410 S 12th Street,Longview, TX 75602
Longview, TX 75602
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.
Details
| MLS # | 21316647 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 45 |
| Listing Provided By | Skylite Realty LLC | Rick Lamoureux |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.17 |
Interior
| Cooling | None |
|---|---|
| Heating | None |
| Interior Features | Paneling |
| Appliances | None |
| Fireplace Features | None |
Exterior
| Roof | Asphalt |
|---|---|
| Construction Materials | Frame, Siding, Wood |
| Foundation Details | Pillar/Post/Pier |
| Lot Features | Cleared, Few Trees, Interior Lot, Lrg. Backyard Grass |
Parking
| Garage Yn | 0 |
|---|---|
| Attached Garage Yn | 0 |
| Parking Features | Additional Parking, Carport, Covered, Driveway, No Garage |
Utilities
| Utilities | Asphalt, City Sewer, City Water, Electricity Available |
|---|
Taxes
| Unexempt Taxes | 2938 |
|---|---|
| Tax Lot | 1 |
| Tax Block | 396 |
| Tax Legal Description | LT 1 BLK 396 L S REYNOLDS |
Area Information
| State | TX |
|---|---|
| County | Gregg |
| City | Longview |
| Zip Code | 75602 |
| Area | Gregg |
| Community Name | Reynolds L S |
| School District | Longview ISD |
| Elementary School | South Ward |
| High School | Longview |
| Listing VS Median (in Reynolds L S) | |
Price: $94,900 low | high Med: $0 On site: 45 low | high Med: | |
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Contact
Learn More About This Property
Ven Vraniqi
Coldwell Banker Apex Realtors
689138-SALuxury Property Specialist, Accredited Buyer Representative, Accredited Seller Representation, Accredited Land Consultant, Certified New Homes Specialist, Certified Luxury Home Marketing Specialist, Relocation Specialist (214) 923-9686realtor@venvraniqi.com| State | TX |
|---|---|
| County | Gregg |
| City | Longview |
| Zip Code | 75602 |
| Area | Gregg |
| Community Name | Reynolds L S |
| School District | Longview ISD |
| Elementary School | South Ward |
| High School | Longview |
| Listing VS Median (in Reynolds L S) | |
Price: $94,900 low | high Med: $0 On site: 45 low | high Med: | |
