1123 E Commerce, Tyler, TX 75702
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$ 750,000
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1123 E Commerce Tyler, TX 75702

8,712 Sqft Lot


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Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26014507

Construction Status Pre-owned

Year Built 1930

Annual Tax Amount $16,247

Tax Year 2026

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Building

Source Greater Tyler Association of REALTORS

Property Description

Turnkey opportunity to own 27 rent houses. All are rented at this time (except 1 that is a warehouse for Landlord), rental agreements are all in writing with enforceable language, monthly rent income is 17,780.00 ($213,360.00 / yr.). They are in various stages of condition, but all are livable. Great opportunity to keep an income stream while you update 3 or 4 at a time to increase rental income. Many long term tenants in these units with surprisingly little turnover.

Location

State TX

County Smith

Interior

Heating Space Heat

Cooling Window Unit(s), None

Furnishings Pre-owned

Exterior

Utilities Available Underground Utilities, Separate Electric Meter, Separate Water Meter, Electric On Site, Natural Gas Connected

Building

Lot Description Inside City Limits

Sewer Public Sewer

Water City Tyler, Public, Water Onsite

Construction Status Pre-owned

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash


Greater Tyler Association of Realtors (GTAR)
Listed by John Owen Ebby Halliday - Tyler

NEARBY SCHOOL & BUSINESS

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Carroll Bobo

Carroll Bobo

Broker Associate & Texas Land Specialist License ID: 0273469

+1(903) 530-2475

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1123 E Commerce