507 S Fannin Avenue Tyler, TX 75702

This is an amazing RARE opportunity for residential income property in the heart of Downtown Tyler in an Opportunity Zone! This hard-to-find property is near the hospitals, the new Medical School, walking distance to downtown shops and restaurants, hospitals, and Stanley's Barbecue. 6 Unit complex with (2) 2 bedroom, 1 bathroom units and (4) 1 bedroom, 1 bathroom units and covered tenant parking. Both buildings have new roofs (2020) and new windows (2021). Two of the bathrooms have been remodeled and units have had paint, carpet and flooring updates as they have been turned over the last two years. Spacious bedroom and bathrooms in all units and kitchens with gas ranges and plenty of cabinet space. Units are never vacant long as this is prime property for downtown Tyler! Potential gross income is estimated at $4,790 per month: $725 for the 1/1s and $895 for the 2/1s. Call today for an appointment! This will not last long!