FULL DUPLEX, GREAT INVESTMENT OPPORTUNITY! FULLY OCCUPIED! One unit rent the other completely redone. With High grade laminate and ceramic tile flooring, Full size washer & dryer connections, Granite countertop and backsplash, Stainless steel Dishwasher, Range, Ceiling fans, and much more. It is an ideal location for those who want to live in a quiet, friendly, small, country community.
Investors Special! This includes both sides of the duplex. This is a destressed property and needs a complete remodel. however a lot of the inside demo work has been done. Great opportunity to create income from a long term rental.
Fantastic investment opportunity to own iconic multi-unit apartment complex close to Downtown Mineral Wells! Located in the lovely, Northwest quadrant of the city, this charming six-unit stucco building has had multiple updates in the past 7 years including approximately 90 percent of the plumbing, roof replacement, electrical panels, removal of gas service, water heater, addition of ductless air units in ground units, and many other updates. Built in 1920, and 9 years older than the famous Baker Hotel, each individual apartment still reflects some of the historical charm of its original era, including hardwood floors, stucco walls and customized shelves and cabinetry. Property is being sold AS IS, and as of listing date, one unit is becoming available and all others have 12 mo or M2M leases with varying expiration dates. With each unit boasting approximately 1200 sf of space, these apartments have the potential to be updated into luxury, urban villa suites! Call today for more info!
This beautiful Barndominium Metal Duplex Community is nestled in the country on 32.41 acres of sandy loam soil and the seller will add NO DEED RESTRICTIONS! This extra acreage is an open slate! Currently there the units have 3 bedroom, 2 bath, open concept den, dining, kitchen with granite counter tops. Stove and microwave included. Units vary in square footage size. All finished concrete floors throughout. A roomy carport is attached and this area offers a outdoor kitchen area. Off of your front door entry is a covered front porch with privacy divider to your neighbor. A small fenced in area is off of your carport for the safety of your pet. Horse stalls onsite are available for rental to the tenant. There is also an arena available for the Nedlaw Duplex Community to use as their leisure.
GREAT INCOME PRODUCER !!!!! TENANTS PAY ALL UTILITY
The median home value in Mineral Wells, TX is $157,100. This is lower than the county median home value of $224,900. The national median home value is $338,100. The average price of homes sold in Mineral Wells, TX is $157,100. Approximately 50.4% of Mineral Wells homes are owned, compared to 33.1% rented, while 16.51% are vacant. Mineral Wells real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mineral Wells real estate agent to arrange a tour today!
Mineral Wells, Texas has a population of 14,925. Mineral Wells is more family-centric than the surrounding county with 25.13% of the households containing married families with children. The county average for households married with children is 23.76%.
The median household income in Mineral Wells, Texas is $53,385. The median household income for the surrounding county is $59,796 compared to the national median of $69,021. The median age of people living in Mineral Wells is 34.8 years.
The average high temperature in July is 95.2 degrees, with an average low temperature in January of 31 degrees. The average rainfall is approximately 32.9 inches per year, with 0.4 inches of snow per year.