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 turn-key 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.
| MLS # | 21240203 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 1991 |
| Days On Site | 132 |
| Listing Provided By | Trinity Group Realty | Katy Reeves |
| SQ Feet | 5,349 |
|---|---|
| Story(s) | 1 |
| Zoning | No Zoning |
| Acreage | 1.00 |
| Cooling | Ceiling Fan(s), Central Air, Electric |
|---|---|
| Heating | Electric |
| Roof | Asphalt |
|---|---|
| Construction Materials | Brick, Siding |
| Foundation Details | Slab |
| Parking Features | Driveway, Garage |
|---|
| Utilities | Aerobic Septic, Septic, Well |
|---|
| Tax Block | 1020 |
|---|---|
| Tax Legal Description | ACRES: 1.000 ABST: 1431 SURVEY: T & P RR CO SUR 7 |
| State | TX |
|---|---|
| County | Parker |
| City | Azle |
| Zip Code | 76020 |
| Area | Parker |
| Community Name | T&P Rr Co #7 Surv A 1431p Tr 2 |
| Listing VS Median (in T&P Rr Co #7 Surv A 1431p Tr 2) | |
Price: $1,149,000 low | high Med: $1,149,000 sqft: 5,349 low | high Med: 5,349 $ / sqft: $215 low | high Med: $215 On site: 132 low | high Med: 132 | |
| State | TX |
|---|---|
| County | Parker |
| City | Azle |
| Zip Code | 76020 |
| Area | Parker |
| Community Name | T&P Rr Co #7 Surv A 1431p Tr 2 |
| Listing VS Median (in T&P Rr Co #7 Surv A 1431p Tr 2) | |
Price: $1,149,000 low | high Med: $1,149,000 sqft: 5,349 low | high Med: 5,349 $ / sqft: $215 low | high Med: $215 On site: 132 low | high Med: 132 | |
![]() | $1,149,0001032 Greg Street 1-5Azle, TX 76020 |