2001 Washington Street, Commerce

$154,000

3 Beds
1.1 Baths
1,502 Sqft
.13 Acres
0 Garages

This exceptional investment property has been converted to three well-maintained rental units, two of which are currently leased, providing immediate rental income. Each unit is designed for student living, offering rooms at $650 each—an all-inclusive price and comes fully furnished with stylish furniture and smart TVs. The market average rent for similar rooms is $800, making this an attractive opportunity for investors. The property includes an updated kitchen and bathrooms, smart locks on doors, enabling secure, remote management, and is set up with three bedrooms and 1.5 bathrooms, ideal for student tenants. The property is walking distance to East Texas A&M University. Additionally, the property boasts a **lifetime foundation warranty**, offering long-term peace of mind. With a professional maintenance crew and management already in place, this property requires minimal effort for day-to-day operations, making it a truly hands-off investment. Don’t miss the chance to expand your portfolio with this prime, well-positioned, fully-equipped student rental property that promises solid returns and hassle-free ownership.

Essential Information
MLS® #20868703
Price$154,000
Bedrooms3
Bathrooms1.10
Full Baths1
Half Baths1
Square Footage1,502
Acres0.13
Year Built1964
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address2001 Washington Street
SubdivisionTaylor W J Add # I
CityCommerce
CountyHunt
StateTX
Zip Code75428-3039
Amenities
GaragesDriveway, Detached Carport
Utilities

Asphalt, City Sewer, City Water, Electricity Available

Interior
Interior FeaturesOther
HeatingOther
FireplacesNone
Exterior
FoundationSlab, Other
School Information
DistrictCommerce ISD
ElementaryWilliams
MiddleCommerce
HighCommerce
Listing Details
AgentShatto Coleman
OfficeColeman Realty Associates

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Listing information last updated on May 11th, 2025 at 8:01pm CDT.

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