800 Pine Street, Hearne, TX 77859

$695,000

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List Price
$695,000
Status
ACTIVE
MLS#
26002497
Price Change
▼ $54,000 1786991427
Lot Size
17,800
Subdivision
N 17' Of Lts 1 & 2 Bl 185 Hearne 80'X100' (Bradford St. Row) 1463/747 0.184 Acres

Property Description

Introducing a highly desirable 8-unit multi-family property offered at 6.1 CAP, expecting 7.5 CAP in 2026 with lower tax rate and increased rents. The property consists of two updated quadplexes centrally located in Hearne, Texas with easy access to everything in town and only 20 minutes from Bryan-College Station. A great value-add property with units currently averaging $850 per month, with a 5-10% increase opportunity at renewal. The property boasts new roofs, and covered parking for all tenants, lawn care and outdoor lighting included.

Additional Information

Heating
Central, Electric, Gas
Exterior
Brick
Parking Spaces
8
School District
Hearne

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Calculator source: Real Geeks

Listing courtesy of Riverstone Companies, LLC.