$650,000
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513 NW 6th Street Mineral Wells, TX 76067
10,497 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Sold
Purchase Type For Sale
Subdivision Wiggins
MLS Listing ID 20720120
Sold Date 03/20/25
HOA Y/N None
Total Fin. Sqft 7680
Year Built 1920
Annual Tax Amount $11,016
Lot Size 10,497 Sqft
Acres 0.241
Property Sub-Type Multiple Single Units
Property Description
Fantastic investment opportunity to own iconic multi-unit apartment complex close to Downtown Mineral Wells! Located in the lovely, Northwest quadrant of the city, this charming six-unit stucco building has had multiple updates in the past 7 years including approximately 90 percent of the plumbing, roof replacement, electrical panels, removal of gas service, water heater, addition of ductless air units in ground units, and many other updates. Built in 1920, and 9 years older than the famous Baker Hotel, each individual apartment still reflects some of the historical charm of its original era, including hardwood floors, stucco walls and customized shelves and cabinetry. Property is being sold AS IS, and as of listing date, one unit is becoming available and all others have 12 mo or M2M leases with varying expiration dates. With each unit boasting approximately 1200 sf of space, these apartments have the potential to be updated into luxury, urban villa suites! Call today for more info!
Location
State TX
County Palo Pinto
Community Curbs
Direction From Hwy 180 W in Mineral Wells, turn right on NW 4th Ave, then turn left on NW 6th St. Property is three story white stucco building on the left, across from church parking lot.
Interior
Interior Features Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Multiple Staircases
Heating Electric
Cooling Electric, Wall Unit(s), Window Unit(s)
Flooring Hardwood
Appliance Electric Range, Refrigerator
Heat Source Electric
Exterior
Carport Spaces 3
Fence None
Community Features Curbs
Utilities Available Cable Available, City Sewer, City Water, Curbs
Roof Type Flat
Total Parking Spaces 3
Garage No
Building
Story Three Or More
Foundation Combination, Other
Level or Stories Three Or More
Structure Type Stucco
Schools
Elementary Schools Houston
Middle Schools Mineralwel
High Schools Mineralwel
School District Mineral Wells Isd
Others
Ownership Painted Post Rental Prop
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 Christy Dorr • Cornerstone Home and Ranch