Wharton TX Multi Family for Sale
$1,300,000
513 E Caney Street Wharton, TX 77488
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Year built:
- 1940
- Baths:
- 2.00
- MLS#:
- 18410737
- Subdivision:
- Wharton
View additional info
Courtesy: Lifestyles Realty Houston Inc.
713-782-0018
ADDITIONAL INFORMATION
Welcome to your newly renovated haven in Wharton, Texas! Nestled in the heart of this vibrant community, this stunning 16-unit apartment complex offers the perfect blend of modern comfort and classic charm. Comprised of 3 buildings with a perfect unit mix of 1BR and 2 BR units, this is a turnkey property with an additional value-add component to maximize your return. With a history steeped in Texan hospitality, this property has been meticulously remodeled to exceed your expectations. Conveniently located near shopping, dining, and entertainment options, this apartment complex offers easy access to everything Wharton has to offer. With high occupancy rates and a strong rental history, this property presents a lucrative investment opportunity for discerning buyers.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 1
- Year built:
- 1950
- Baths:
- 1.00
- MLS#:
- 27052491
- Subdivision:
- Gallaher
View additional info
Courtesy: eXp Realty LLC
888-519-7431
ADDITIONAL INFORMATION
Introducing a fantastic investment opportunity in Wharton, Texas! DUPLEX! This multi-family property, located at 422 W Burleson, is perfect for savvy investors looking to expand their portfolio. 1 bedroom, 1 bath unit each unit. Situated in a prime location, this property is not in a flood zone, giving investors peace of mind. Additionally, this property is currently 100% rented, providing immediate cash flow and a hassle-free investment. But it's not just the property itself that makes this a great opportunity. Within walking distance, residents can enjoy the lush greenery and recreational activities at Wharton City Park. When it comes to dining and entertainment, this city has plenty to offer. Local favorites like 9er's Grill and Sorella's Italian Food are just a stone's throw away, providing residents with a variety of culinary experiences. This property also features room to expand for more duplexes. Don't Delay.
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Wharton Real Estate
The median home value in Wharton, TX is $250,000. This is higher than the county median home value of $138,800. The national median home value is $219,700. The average price of homes sold in Wharton, TX is $250,000. Approximately 44.47% of Wharton homes are owned, compared to 42.51% rented, while 13.03% are vacant. Wharton 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 Wharton real estate agent to arrange a tour today!
Wharton, Texas has a population of 8,723. Wharton is less family-centric than the surrounding county with 25.81% of the households containing married families with children. The county average for households married with children is 33.03%.
The median household income in Wharton, Texas is $37,213. The median household income for the surrounding county is $50,145 compared to the national median of $57,652. The median age of people living in Wharton is 35.2 years.
Wharton Weather
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 43 degrees. The average rainfall is approximately 47.4 inches per year, with 0 inches of snow per year.