Listing provided courtesy of United Real Estate Frisco- MLS# 21136456MLS ProviderContact Information: Yaw Asante - 832-216-7567

400 E Cotton StreetLongview, TX 75601

Multi-Family · 4 Beds · 4 Full Baths · 2,112 Sq. ft. | 0.62 Acres
$149,000 Active

400 E Cotton Street Overview

Visits:
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Seller will Finance! $20K down, 6.95% interest rate. $1,000 Monthly Payment. Stay on one side and rent the other side.. Investment Opportunity Near Downtown Longview. Discover this high-performing duplex located just minutes from the heart of downtown. This property features two identical units, each offering a spacious 2-bedroom, 2-bathroom layout. Designed for durability and low maintenance, the building is equipped with a modern corrugated metal roof. Key Highlights: Income Generator: Both sides rent easily at $850 per month, per side. Convenient Parking: Situated on a large lot providing ample space for off-street parking. Ready for Inspection: One unit has been kept vacant specifically to allow for easy showings without disturbing tenants Flexible Purchase Options: This property is available via Seller (Owner) Financing. Whether you are looking to expand your rental portfolio or seeking a house hack opportunity, this well-maintained duplex is a must-see.

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400 E Cotton Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,112
  • Price/Sq.ft. $71
  • Lot 0.62 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Longview ISD
  • Elementary School: Doris Mcqueen
  • Middle Or Junior School: Judson
  • High School: Longview

Income/Expenses

  • Gross Income: 20400.0
  • Insurance Expense: 1000.0
  • Net Operating Income: 15000.0
  • Operating Expense Includes: Insurance,Mortgage/Loans,Maintenance Grounds,Maintenance Structure,Maintenance,Vacancy Allowance

Building Information

  • Year Built: 1946
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Gregg
  • Postal City: LONGVIEW
  • Subdivision Name: S1400 - BORING LEAK

General Information

  • Listing Terms: Cash,Owner Will Carry,See Agent
  • Parcel Number: 14000001420190002
  • Property Sub Type: Duplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2112.0

General Information

  • Appliances: Electric Oven,Refrigerator
  • Flooring: Combination,Laminate,Linoleum
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Double Vanity,Pantry
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: No Garage,Off Street
  • Parking Total: 2.0

Lot Information

  • Lot Size Acres: 0.6198
  • Lot Size Area: 27000.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 27000.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Board & Batten Siding,Brick
  • Patio And Porch Features: Balcony
  • Roof: Metal

General Information

  • Exterior Features: Balcony
  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available

Unit Information

Unit 1 Details

  • Unit Type: Apartments
  • Units Total: 1

Unit 2 Details

  • Unit Type: Apartments
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

400 E Cotton Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

400 E Cotton Street Market Data

Based on the last 30 days in this zip code

$487,374
Average List Price
$172
Average Price per Square Foot
1
Properties Sold
224
Average Days on Market
12
Properties for Sale
Calculations provided by Reliance Network


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