140 FM 16 W
Property Description
Investor Alert! This fully renovated Triplex is a rare find and a fantastic income-producing opportunity. Formerly a storefront/office with an attached apartment, the property has been completely reimagined into three residential units: a 1-bedroom, 1-bath, a 2-bedroom, 1-bath, and a 3-bedroom, 2-bath-perfect for a diverse tenant mix and strong rental returns. Each unit features stylish, updated finishes, and the property includes a large parking area and fully fenced backyards, enhancing both privacy and curb appeal. Situated near I-20 at the intersection of FM 14 and FM 16 in Red Springs, this property carries a Tyler address and is located within the Winona ISD. Whether you're an experienced investor or just starting out, this turnkey property checks all the boxes. And with room for expansion from the adjoining property, the potential here only continues to grow. Don't miss your chance to secure a property that's already generating income and offers even more opportunity for the future!
Broker Details
Keller Williams Realty (903) 534-6600
MLS ID: 3036 State License Number: 0654996
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $649,900 |
| No. of Units: | 3 |
| Year Built: | 1964 |
| Lot Size: | 3,432.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $216,633 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-GTARTX-26003219
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