429 Johnson Street Longview, TX $ 1,225,000
429 Johnson Street
$ 1,225,000
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429 Johnson Street

Longview, TX, 75602
$ 1,225,000
Bedrooms24 Baths24.0

Monthly Estimate*

$ 8,557

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Multi-Family Home for sale in Longview, TX

for $1,225,000 with 24 bedrooms and 24 full baths. This home was built in 1974 on a lot size of 1.034.

24 unit multi-family available in Longview! 100% occupied. Over 15.5K monthly gross rents! 23 of 24 units have been renovated!. ***Two Brand New Roof's Just Installed*** New kitchen cabinets in most units, granite c-tops, SS appliances, new fixtures, moldings, flooring, too many to list! Exterior remodel includes painting, wood accents, windows, fencing, approximately 50% of the AC units replaced and much more! Owner has put over 400K into renovating the property! On-site remodeled Laundry room with new tenant pay-for-use machines! Extra revenue generator!! Rare opportunity to own a large multi-family property for under 1.3 million! ***NO OWNER FINANCE*** *Owner is exiting this territory due to proximity from corporate office in Plano*

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Multi-Family Active

Price

$ 1,225,000

Bedrooms

24

Full Bath

24

Property Type

Multi-Family

Taxes

$ 13,452

Style

Apartment

Lot Size

1.034

Year Built

1974

Town/City

Longview

County/Region

Gregg

MLS | Web ID

20513984

Features
Interior
Interior Features Cable TV Available High Speed Internet Available Other
Flooring Other
Total Units 24
Street Suffix Street
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General
Heating Central Electric
Complex Name Johnson Multi-Family
Cooling Central Air Electric
Utilities City Sewer City Water
Possession Closing/Funding Lease Outstanding Other
Roof Composition
Appliances Dishwasher Disposal Electric Cooktop Electric Range Other
School District Longview ISD
Pool Y/N 0
Exclusions All tenant belongings. Email all questions and offers to Will Clark at Wclark@OmniKeyTexas.com
Year Built 1974
Levels Two
Property SubType Apartment
Subdivision Name Rollins School
Occupant Type Tenant
County Gregg
Property Type Residential Income
Construction Materials Brick Siding Wood
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions Property is on Johnson Street on the left.
City Longview
Buyer Agent Compensation 3%
Elementary School Name Bramlette
High School Longview
Street Name Johnson
Elementary School Bramlette
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Parking Features Other
Foundation Slab
Building Area Total 18710.00
Garage Y/N 0
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Internal Only
Street Number 1 429
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* Excluded Features
List By
Will Clark

Listing Agent

Omnikey Realty, Llc.

Broker

Affordability Calculator

$9,678
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,557
Monthly Property Taxes
$1,121
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2688410 Elementary School
2973098 Middle School
Pricing History
DatePricePrice ChangeDescription
2/28/2024$1,225,000 -2.00% Price Down
2/8/2024$1,250,000 -1.96% Price Down
1/17/2024$1,275,000 Listed Price

Map


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429 Johnson Street, Longview, TX, 75602 is a Multi-Family Home for sale at $1,225,000 with a lot size of 1.034. 429 Johnson Street has 24 bedrooms, 24.0 baths, and was built in 1974. The property's zip code is 75602 which is in Longview, TX