720 W Palestine Ave.
Property Description
Residential/Commercial investment opportunity on a highly visible, street in Palestine! This versatile property offers excellent potential for residential, commercial, or investment use. The main home is filled with character and features hardwood floors, built-ins, coffered ceilings, a fireplace, updated bathroom, metal roof, and a unique upper-level sunroom-style space surrounded by windows. Electrical and plumbing have also been updated. A large asphalt parking area provides ample parking and added flexibility for an office, professional services, retail, studio, or other commercial use, subject to applicable zoning and city requirements. At the rear of the property is a detached duplex with two separate 1-bedroom, 1-bath units, creating additional rental income potential or flexible space for offices, guests, or extended use. Seller may consider owner financing with 15% down, 8.5% interest, and a term of up to 30 years, subject to seller approval and acceptable terms.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $295,000 |
| Year Built: | 1920 |
| Lot Size: | 1,084.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 1 |
ID: 3yd-PARTX-103802
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