List Price:
$395,000
Building Size:
4000 sqft
Type/Style:
Apartment, Professional/Office
Area:
Lufkin Schools
Year Built:
1901
Acreage/Lot Size:
.08
Environmental Status:
n/a
Restrictions:
n/a
Zoning:
CB - Central Business
Size of Tract:
Less than 1 acre
Construction:
Brick Veneer, Stucco
Heating System:
Electric Furnace
Air Conditioning:
Central Electric
Utilities:
Public Water Meter, Sewer Tap, Cable Available
Easements:
Electric Service
Foundation:
Slab
Roof:
Flat
Topography:
Level
Access:
City Street
Parking Lot/Capacity:
On-Street Parking, 1-5 Spaces
Handicap Accessible:
1
Remarks:
Elevate your investment goals with this Historic Downtown Lufkin property. Constructed in 1901 as The Knights of Pythias Lodge this two story stucco finished brick structure provides a consistent revenue stream and serves as a mixed use commercial/residential space for downtown enthusiasts. The retrofitted second floor is home to two 800 sq.ft. one bedroom apartments with private rear parking and access. Remodeled to accent original features like exposed rafters and brick the residential units are also outfitted with central air and heating, modern appliances, and matching finishes. Both units are currently leased; landlord paid water, sewer, trash. Under lease with the same tenant since 1978 the downstairs commercial unit is currently leased; landlord paid water, sewer, trash. Ample street parking available for both staff and patrons. Potential gross annual income $39, 480.
