318 N 4th Street
Temple, TX 76501
3014 sqft | 0.23 acres | #554812
Description
Motivated Seller! Bring all offers! Unlock the potential of this unique historic property, perfectly poised for your vision. This fourplex is a blank slate, with framing and plumbing rough-in complete, just waiting for your final designs and selections. Renewable permits with the City of Temple, and the property is zoned CA, allowing for multifamily use. Fire sprinkler system installed, just awaiting exterior punch out.
This charming property, situated on a corner lot, features one two-bedroom unit and three one-bedroom units. Units A and B will each have the convenience of private in-unit laundry, while Units B and C will share a designated indoor laundry space. With projected rent total conservatively estimated at $4,000 per month, this is a promising investment opportunity.
The timeline for construction completion is 6-8 months, ideal for those ready to move swiftly. The property is available for cash buyers only.
Located just two blocks from downtown Temple, you’ll be in the heart of a vibrant area with a growing multi-use development scene and an array of local dining options. The property benefits from the Beautify Temple program, which incentivizes infill development, adding further appeal to this investment.
On-site parking is ample, with a driveway off E Downs Ave accommodating up to 4 cars and another entrance off N 4th Street providing space for 2 additional cars. Units B and C, situated on the second level, have a separate entrance, while Units A and B are accessible from an expansive front porch.
Features include tall ceilings on the ground floor, 3 separate water, gas, and electric meters (Units C+D on combined meters), and the availability of gas, already run to the home. Plans include private kitchens, dining areas, and living spaces for each unit, with large closets in all bedrooms. Unit A is plumbed for a double vanity.
With serious sellers motivated to move this property, now is the perfect time to seize this opportunity!
Interior Details
- InteriorNone, WalkInClosets, Other, SeeRemarks
Property Details
- Exterior MaterialsPorch
Measurements
- Acres0.23
- Square Feet3014
Construction Details
- StyleCraftsman, Traditional
- Property TypePurchase
Condition
- Year Built1913
Material information
- FoundationPillarPostPier
Utilities / Energy Details
- Utility FeaturesElectricityAvailable, NaturalGasAvailable, NaturalGasConnected, SeparateMeters, TrashCollectionPublic
- Utility SourceNotConnectedatlot, MultipleMeters, Public, Other, SeeRemarks
- Sewer InformationNotConnectedatlot, PublicSewer, Other, SeeRemarks
Community and Neighborhood Details
- Elementary SchoolJefferson Elementary
- Middle SchoolLamar Middle School
- High SchoolTemple High School
- School DistrictTemple ISD
- CountyBell
Financial Details
- Original List Price$160,000
Other
- MLS #554812
Location
Legal
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Patrick Brennan may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.
Last Updated: . Source: CTXMLS
Listing Courtesy
Listing Agent: Adelaide Baird (#abaird)
Listing Office: Aspen Real Estate (#T827030555)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.