Homes for sale - 513 NW 6th Street, Mineral Wells, TX 76067

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$650,000

Est. payment - /mo

10,497 Sqft Lot

Active

513 NW 6th Street Mineral Wells, TX 76067

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Tracy Spradlin

spradlintd@aol.com +1(903) 748-2477

UPDATED:

09/30/2024 08:42 PM

Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Wiggins

MLS Listing ID 20720120

HOA Y/N None

Total Fin. Sqft 7680

Year Built 1920

Annual Tax Amount $11,016

Lot Size 10,497 Sqft

Acres 0.241

Property Description

Fantastic investment opportunity to own iconic multi-unit apartment complex close to Downtown Mineral Wells! Located in the lovely, Northwest quadrant of the city, this charming six-unit stucco building has had multiple updates in the past 7 years including approximately 90 percent of the plumbing, roof replacement, electrical panels, removal of gas service, water heater, addition of ductless air units in ground units, and many other updates. Built in 1920, and 9 years older than the famous Baker Hotel, each individual apartment still reflects some of the historical charm of its original era, including hardwood floors, stucco walls and customized shelves and cabinetry. Property is being sold AS IS, and as of listing date, one unit is becoming available and all others have 12 mo or M2M leases with varying expiration dates. With each unit boasting approximately 1200 sf of space, these apartments have the potential to be updated into luxury, urban villa suites! Call today for more info!

Location

State TX

County Palo Pinto

Community Curbs

Direction From Hwy 180 W in Mineral Wells, turn right on NW 4th Ave, then turn left on NW 6th St. Property is three story white stucco building on the left, across from church parking lot.

Interior

Interior Features Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Multiple Staircases

Heating Electric

Cooling Electric, Wall Unit(s), Window Unit(s)

Flooring Hardwood

Appliance Electric Range, Refrigerator

Heat Source Electric

Exterior

Carport Spaces 3

Fence None

Community Features Curbs

Utilities Available Cable Available, City Sewer, City Water, Curbs

Roof Type Flat

Total Parking Spaces 3

Garage No

Building

Story Three Or More

Foundation Combination, Other

Level or Stories Three Or More

Structure Type Stucco

Schools

Elementary Schools Houston

Middle Schools Mineralwel

High Schools Mineralwel

School District Mineral Wells Isd

Others

Ownership Painted Post Rental Prop

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Christy Dorr • Cornerstone Home and Ranch

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Tracy Spradlin

+1(903) 748-2477

Broker | License ID: 493069

Broker License ID: 493069

513 NW 6th Street Mineral Wells, TX 76067

Tracy Spradlin

Key Details

Location

Interior

Exterior

Building

Schools

Others

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513 NW 6th Street