$999,995
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703 Maple Street Commerce, TX 75428
16 Beds
16 Baths
0.75 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Orig Town Of Commerce
MLS Listing ID 20867496
Sold Date 07/14/25
Bedrooms 16
Full Baths 16
HOA Y/N None
Total Fin. Sqft 5624
Year Built 2019
Annual Tax Amount $21,468
Lot Size 0.752 Acres
Acres 0.752
Property Sub-Type Quadruplex
Property Description
Looking for an investment in a growing college town that doesn't have enough housing for all the students? Here is your opportunity for a set of 4 mini dorms on one parcel that is easy to manage and market in Commerce just 1.5 miles from East Texas A&M. Each building has approximately 1400 square foot with a common living and kitchen space and 4 seperate ensuites with nice roomy bedrooms and bathrooms with walk in showers and walk in closets. The buildings were arranged on a large lot so there is ample parking space in front of each unit for tenants on a large concrete entrance and parking pad. Each unit has electric range, microhood, dishwasher, refridgerator, stackable washer and dryer and gas tankless water heaters. 2 of the buildings were built in 2019 and the other 2 were completed in 2020. They feature polished concrete floors, granite countertops in kitchen and bathrooms. Each ensuite has a locking knob for tenant privacy. Tenants pay for high speed internet and there are options available for each unit.
Location
State TX
County Hunt
Direction From northbound Hwy 24 turn right on 178, left on Pecan, right on Maple. Units are on the right there is no sign on property.
Interior
Interior Features Cable TV Available, Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Concrete
Appliance Dishwasher, Disposal, Electric Range, Gas Water Heater, Refrigerator, Vented Exhaust Fan
Heat Source Central, Electric
Exterior
Exterior Feature Covered Patio/Porch
Fence None
Utilities Available Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter, Master Water Meter, Natural Gas Available, Underground Utilities
Roof Type Composition
Garage No
Building
Lot Description Level
Story One
Foundation Slab
Level or Stories One
Structure Type Fiber Cement
Schools
Elementary Schools Commerce
Middle Schools Commerce
High Schools Commerce
School District Commerce Isd
Others
Ownership 2 Griffins Investment LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Conventional
Special Listing Condition Aerial Photo
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Bought with Emily Tucker • Cross Power Real Estate, LLC