1032 Greg Street Unit#1020, 1024, 1026, 1028
1020 Greg Street, Azle, TX 76020
Marketing description
FANTASTIC INVESTMENT OPPORTUNITY, the one you’ve been waiting for! Welcome to a rare, income-producing property featuring five units situated on a full acre, offering both immediate cash flow and long-term upside. This unique portfolio includes three single-family homes and one duplex, providing an ideal mix for tenant diversity and rental stability. Four of the five units have been thoughtfully updated, allowing a new owner to step into a largely turnkey investment while still benefiting from future value-add potential on the remaining unit. The property is equipped with its own private well, with individual meters for each unit, helping streamline utility management and reduce owner expenses. A recently reworked septic system with updated equipment adds peace of mind and minimizes near-term capital expenditures. Numerous additional upgrades throughout the property further enhance its appeal and functionality. Each unit also features garage parking, a highly desirable amenity that adds convenience for tenants and increases rental appeal. Situated at 1020, 1024, 1026, 1028, and 1032 Greg Street, in Azle, TX, this multi-unit offering combines space, infrastructure, and income potential, all in one compelling package. Don’t miss this exceptional opportunity to expand your portfolio with a high-performing, multi-unit property! Showings are available every Wednesday from 10am-11am.
Investment highlights
- Five income-producing units on a full acre
- Portfolio includes three single-family homes and one duplex
- Four of five units have been thoughtfully updated - largely turnkey investment
- Value-add potential on the remaining unit
- Private well with individual meters for each unit
- Recently reworked septic system with updated equipment
- Each unit features garage parking
- 100% occupancy with lease expiration 09/01/2027
- Gross Income: $95,460 | Net Income: $75,343
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