510 6Th StMineral Wells, TX 76067

For Sale
$299,000

Two-building multifamily investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
93
This charming 1920s-era triplex in Mineral Wells, Texas, presents a unique investment opportunity. Located at 510 NW 6th St (also including 508 NW 6th St), this property sits on a 0.23-acre lot and consists of two buildings, each two stories high. The property features two spacious two-bedroom apartments and a one-bedroom apartment located in a converted garage. Recent updates include plumbing upgrades throughout, a kitchen renovation in the downstairs unit in 2022, and upstairs unit and garage apartment bathroom and plumbing updates completed in 2023. While some cosmetic work and electrical updates are needed, this property offers significant potential for rental income or multigenerational living. The asking price is $299,000, translating to $82 per square foot. The property's APN is 27853. This is an excellent opportunity to own a piece of Mineral Wells history and capitalize on the potential for future appreciation. The property is located in Palo Pinto County, Texas, zip code 76067. This multifamily investment is ideal for those seeking a hands-on project with high return potential.

Highlights

  • Charming 1920s triplex in Mineral Wells, TX, on a 0.23-acre lot.
  • Two-story, two-building property with two 2-bedroom units and one 1-bedroom unit (converted garage).
  • Recent updates include plumbing, kitchen (2022), and bathroom/plumbing (2023).
  • Needs some cosmetic and electrical work.
  • Asking price: $299,000 ($82/sq ft); APN 27853.

Property Details for 510 6Th St

Property type
Multifamily properties, Apartment buildings
Year Built
1920
Buildings
2
Stories
2
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Mineral Wells
County
Palo Pinto
State
Texas
Latitude
32.813963
Longitude
-98.1170668
510 6Th St, Mineral Wells, Texas

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510 6Th St
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