Attention investors, NEEDS COMPLETE REMODEL! Unlock the potential of this unique 2.4-acre property, ideally located off major Highway 36 with DOW, BASF, and other major chemical companies rapidly expanding in the area, this location offers unparalleled growth opportunities. Originally built in 1950, this historical DOW home stands out with its iconic emblem engraved on the brick. The property features: 3 income-generating rental units - perfect for cash flow. A large 2-car garage with additional ports w/ two storage units. A massive storage unit previously utilized as a professional auto-paint shop - versatile for commercial uses. With upcoming commercial developments, this property is primed for long-term appreciation. Two tailored scopes of work available, for you to customize the renovation to your investment goals. Reliable & secure investment. Ideal for rental income, redevelopment, or commercial conversion. Schedule your tour today, envision the future of this investment.
MLS# | 23774948 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1950 |
Days On Site | 32 |
Listing Provided By | Camelot Realty Group | Ander Anderson |
Bed(s) | 5 |
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Bath(s) | 4 Total |
SQ Feet | 3,700 |
Garage | 8 |
Story(s) | 1 |
Acreage | 2.40 |
State | TX |
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County | Brazoria |
City | Freeport |
Zip Code | 77541 |
Area | 5 |
Subarea | Freeport |
Community Name | Hervey |
School District | 7 - Brazosport |
Elementary School | AUSTIN ELEMENTARY SCHOOL (BRAZOS |
Middle School | AUSTIN STEM ACADEMY |
High School | BRAZOSPORT HIGH SCHOOL |
Listing VS Median (In Hervey) | |
Price: $310,000 low | high Med: $310,000 SqFt: 3,700 low | high Med: 3,700 $ / SqFt: $84 low | high Med: $84 On site: 32 low | high Med: 32.000000 |