Movoto Real Estate

237 E Culver St, Longview, TX 75602

$239,000
•
  • 8

    bed

  • 7

    bath

Multi-family for sale 62 days
$11K price drop

About 237 E Culver St

Property type Multi-family
Neighborhood
Year built 1943
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Property description
INCOME-PRODUCING RESIDENTIAL PROPERTY Unique Longview Opportunity! Seller Financing Available with $20K Down Exceptional flexibility and cash-flow potential in Longview! Spanning 3,357 sq ft across multiple structures on a mature 0.23-acre lot, this unique property offers an incredible layout for house-hackers, multi-generational living, or seasoned investors looking for established residential income. 10% discount offered for all-cash buyers! Property Highlights: Income Potential: Historically operated with multiple residential living spaces, currently generating ~$5,400 per month in gross rental income ($64,800 annually). Flexible Layout: Ample space across main and auxiliary structures for multi-unit rental configurations or owner-occupant living with income generation. All-Cash Special: 10% discount available for all-cash offers. Financing Terms: Seller financing available with $20,000 down. if seller financing option is selected. Utilities & Parking: Off-street driveway access; full City of Longview water, sewer, electric, and gas utilities. Location: Prime convenience with easy access to the S. Green St. and S. Mobberly Ave. corridors. Seller Support: Seller is willing to provide up to 60 days of post-closing transition assistance for a smooth operational and tenant handoff. Zoning & Usage Disclosure: Property is zoned SF-5 (Single-Family Residential). Buyer to independently verify all permitted uses, non-conforming status, occupancy limits, and zoning compliance with the City of Longview during the inspection period. Financial statements and rent rolls available to qualified buyers upon request. Showing Terms: To minimize tenant disruption, initial showings are strictly limited to the exterior and one designated vacant unit. Access to occupied spaces will be provided upon an accepted purchase contract with standard tenant notice.
Listed by
Listing Agent - Yaw Asante
Listing Agent Contact: 832-216-7567
Listing Office - United Real Estate Frisco
Source: NTREIS mls logo
MLS#21352674 • last updated 3 weeks ago
Movoto checked NTREIS for data 5 minutes ago
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Overview
Cooling/AC CeilingFans, WindowUnits
Levels/Style Two
SubType Apartment
Virtual Tour External Link
MLS # 21352674
Status Active
Lot Size (SqFt) 10018.8
Lot Size (Acres) 0.23
Property Tax 2763
Year Built 1943
Interior
# Full Baths 7
Total # of Bathrooms 7
Total # of Bedrooms 8
Appliances ElectricOven, GasOven, Microwave, Refrigerator
Exterior
Roof Asphalt, Shingle
Construction Brick
Foundation Pillar/Post/Pier
# Parking Spaces 10
Lot Features Acreage
Amenities / Utilities
Sewer Public Sewer
Pool None
Location
Subdivision South Highlands
County Gregg
Elementary School Doris Mcqueen
Middle School Foster
High School Longview
Elementary School District Longview ISD
High School District Longview ISD
Directions Use GPS
APN 65100000110310000
Multifamily Details
Total # of Units 7
Net Operating Income 41398
Gross Income 64800
Lot/ Land Details
Road Surface Asphalt
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  • Real Estate
  • TX
  • Gregg County
  • Longview
  • 75602
  • 237 E Culver St

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