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Calling all Builders, Landlords, and Flippers, if you're looking for an excellent opportunity for a Great Deal, check out this rare property in the peaceful community of Ennis! This huge Two-Story property could be a remarkable income-producing property! According to the Special NC Zoning Code, this property could Multi Family with four or more doors, a Duplex, a Group Home, a Bed and Breakfast, a Religious Assembly, and a number of other Special uses! Once the pride of the neighborhood, the property featured an upstairs living area and a Retail Store and Cleaners downstairs. The next-door adjoining lot comes with the sale and has been used for parking! This property has outstanding potential and is an excellent project for Seasoned Investors! The After Repaired Value is $375,000 to $400,000, depending on your buyer's quality of work! The Rehab costs are $70,000 to $80,000, depending on who does the job! The Rental Income could be as much as $6,000 a month, depending on your Buyer's design plans! This property is near the historic Downtown Ennis, has great restaurants, and has all the major freeways! Send your Buyer by to see this one before it gets away! Selling AS IS! The Offer Deadline Date is Tuesday, January 7th, at 7 pm! No Blind offers will be accepted. The survey and Zoning Brief Report have been uploaded!

BACK ON THE MARKET - NO FAULT TO SELLER, BUYER FINANCING FELL THROUGH Days before closing! BRING US AN OFFER!!! When you pull into the driveway and park under the covered carport, you will notice just how beautiful this home is. With just a little TLC this home has the potential to be updated and used however you see fit. Whether you are an investor wanting to expand your portfolio or a first time home buyer needing a starter home this one checks off so many boxes. Downstairs you will find the living area, kitchen and a bathroom space. Heading upstairs there is another full bathroom, a bedroom and a bonus space the owner used for a bedroom. The door upstairs leads you to the rooftop patio area where you can enjoy the view or spend time entertaining. Located close to Downtown Ennis & walking distance to local shops & grocery stores, this home is waiting on you to come see it. Bring the seller an offer and let’s make this property yours! Stop dreaming and let’s make it happen.

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Elena Dinaburg Realty & Staging has 1 photo of this  bed,  bath,  sqft property that was listed on 12-10-2024 for $144900, and is located at Section House Road Alma, TX 75119.

Section House Road Alma, TX 75119

Want to own a piece of paradise in the country to build your dream home? Look no further, here it is!! This is the perfect spot!  Just a short car ride from shopping, entertainment and anything else you need.  No mobile homes Owner Financing Available making it easier than ever to turn your homeownership dreams into reality

Section House Road

Alma, TX 75119

5.85 acres | #20691506

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