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904/906 S Colorado St

Midland, TX 79705
  • $899,000
  • STATUS: Active
  • ON SITE: 87 Days
  • MLS #: 50068003
UPDATED: 72 min ago
$899,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $281
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:
Mf5

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Calling multi-family investors! Rare "apartment style" opportunity, completely renovated...just waiting for the right investor! Great location in the heart of downtown, mixed commercial/residential area, restaurants/shops, with easy access to I-20/Odessa/surrounding areas. Units are all currently rented on annual or short-term contracts with established tenants! Property is easily maintained, with shared laundry space & off street parking! Annual net income of $100,000+! Safe, secure, secluded!

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© 2024 Permian Basin Board of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Data last updated: 2024-03-04T16:43:30.313.
www.raftercrossrealty.com/homes/145884207
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904/906 S Colorado St Midland, TX 79705

  • Price: $899,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 72 min ago
  • MLS #: 50068003
0
Beds
0
Baths
0
½ Baths
0.32
Acres
3,200
SQFT
$281
$/SQFT
1940
Built
Neighborhood:
Southern
County:
Midland
Area:
Mf5
Elementary School:
South
Middle School:
Goddard
High School:
Midland
School District:
Midland
Property Description
Calling multi-family investors! Rare "apartment style" opportunity, completely renovated...just waiting for the right investor! Great location in the heart of downtown, mixed commercial/residential area, restaurants/shops, with easy access to I-20/Odessa/surrounding areas. Units are all currently rented on annual or short-term contracts with established tenants! Property is easily maintained, with shared laundry space & off street parking! Annual net income of $100,000+! Safe, secure, secluded!
Exterior Features

Exterior Features Fence-Metal Garage Parking Detached ParkingOther-See Remarks Roof Metal Streets Paved Unit One Garage Cap 0 Unit Three Carport Cap 0 Unit Three Garage Cap 0 Unit Two Carport Cap 0 Unit Two Garage Cap 0

Interior Features

Cooling Window Unit(s) Fireplace None Heating Wall Furnace Interior Features Security SystemSmoke Detector Stories OneTwo Unit One Apx Sq Ft 850 Unit One Baths 1 Unit One Bedrooms 1 Unit One Carport Cap 0 Unit One Dining 1 Unit One Living 1 Unit One Units 1 Unit Three Apx Sq Ft 350 Unit Three Baths 1 Unit Three Bedrooms 2 Unit Three Dining 0 Unit Three Living 0 Unit Three Units 3 Unit Two Apx Sq Ft 325 Unit Two Baths 1 Unit Two Bedrooms 1 Unit Two Dining 0 Unit Two Living 0 Unit Two Units 4

Property Features

Multifamily Type Other Multi-Family Sewer Public Sewer Source Sq Ft MCAD Total Taxes 1544.25 Unit One Rent 1500 Unit Three Rent 4150 Unit Two Rent 4700 Utilities On Site WaterElectricityTrash Collection Utility Type Electric Water Heater Electric Water Sewer Public

Listing information © 2024 Permian Basin Board of Realtors®.
Listing provided courtesy of Rise Real Estate Group At Fathom Realty of Fathom Realty: 4329781724.




© 2024 Permian Basin Board of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Data last updated: 2024-03-04T16:43:30.313.
 
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Rafter Cross Realty
822 South Main Street, P.O. Box 8
Lovington NM, 88260