301 W Commerce, Gladewater, TX 75647
sale
$500,000
|
Apartment
Courtesy Of Keller Williams Realty
Prime Investment Opportunity in Downtown Gladewater Fully Leased 8-Unit Multifamily Property with Expansion Potential! Located just steps from the shops, dining, and charm of historic downtown Gladewater, this exceptional 8-unit apartment complex offers immediate cash flow with exciting future upside. Built in 1932, this two-story property is full of character and has been thoughtfully maintained to appeal to long-term tenants and savvy investors alike. The property features a mix of 1-bedroom and 2-bedroom units, all currently leased, along with on-site laundry facilities, plenty of off-street parking, large storage rooms for tenant use, and RV parking with electrical hookups providing an additional income stream and appealing to both traveling professionals and extended-stay tenants. An investor s dream, this property also includes over 4,100 square feet of unused building space, offering a rare opportunity to add value. Whether you re considering additional residential units, office or retail space, short-term rentals, or tenant amenities, this space gives you the flexibility to grow your investment and increase returns. Situated in a high-demand rental area, this property is a turn-key asset with current occupancy and strong rental appeal perfect for both seasoned investors and those looking to expand their portfolio. Don t miss out on this rare opportunity in one of East Texas s most charming downtown districts schedule your private tour today!!!
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Copyright © 2025 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Brick Veneer
- Exterior Type: Brick
- MLSID: 25013241
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