About 1106 Esplanade Street
7-unit multi-family located in a highly desirable area. Built in 1930, this property retains its historic appeal while boasting modern updates. Extensive updates were made in 2021 and 2022, ensuring contemporary amenities and functionality. A new roof was installed in 2023. This property is ideal for investors seeking steady rental income in a thriving rental market. Demonstrates consistent occupancy rates and rental income, appealing to investors seeking a reliable investment opportunity. It is positioned in a rapidly developing area, with a 10+ Cap Rate, and offering potential for future property value appreciation.
Features of 1106 Esplanade Street
| MLS® # | 20562073 |
|---|---|
| Price | $390,000 |
| Bathrooms | 0.00 |
| Acres | 0.25 |
| Year Built | 1930 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1106 Esplanade Street |
|---|---|
| Subdivision | Rainey |
| City | Marshall |
| County | Harrison |
| State | TX |
| Zip Code | 75670-1900 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Parking Spaces | 7 |
| Garages | On Site |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Decorative Lighting, Eat-in Kitchen |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Lot Description | Cleared |
|---|---|
| Roof | Composition |
| Construction | Frame, Wood |
| Foundation | Pillar/Post/Pier |
School Information
| District | Marshall ISD |
|---|---|
| Elementary | Moore |
| High | Marshall |
Listing Details
| Agent | Sam Scarborough |
|---|---|
| Office | Scarborough Commercial Real LL |