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Real Estate Company
303 S Madison St, Madisonville, TX 77864
- $699,000
- 3
- BD
- 5
- BA
- 5,601
- SqFt
- List Price
- $699,000
- Status
- ACTIVE
- MLS#
- 38139722
- Days on Market
- 7
- Year Built
- 1935
- Style
- Other
- Bedrooms
- 3
- Bathrooms
- 5
- Full-baths
- 2
- Half-baths
- 3
- Living Area
- 5,601
- Lot Size
- 36,080
- Lot Size Source
- Appraiser
- Subdivision
- City/Madisonville
- Region
- 52
- Market Area
- Madisonville Area
- County
- Madison
Property Description
Timberwilde Terrace is a Prime Income-Producing residential/commercial mixed-use property on .82 acres in Downtown Madisonville offering 3 functional buildings. This versatile investment features two structures, highlighted by a large main building with distinct dual-income streams. The second floor features a spacious, well-maintained 2,000 S.F. 3BR/2BA apartment currently used as a rental, with a deck, dedicated tenant parking, and an updated HVAC system. The 4,000 sq. ft. ground floor is configured for commercial use with 4 flexible office spaces, a break area, restrooms, and a rear entrance—including an active salon and unlimited potential for the remaining space. Adding incredible utility, the property includes a 2,400-S.F. shop with 16' walls that can easily be divided into two separate units. Currently zoned in the city retail district, this property has easy access and excellent street visibility making this multi-tenant property is a turnkey addition to your portfolio.
Additional Information
- Taxes
- $12,268
- Neighborhood
- Madisonville Area
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Stories
- 2
- Lot Description
- Cleared
- Foundation
- Pillar/Post/Pier, Slab
- Carport Spaces
- 2
- Appliances
- Dishwasher, Electric Oven, Electric Range
- Roof
- Composition
- School District
- Madisonville Consolidated
- Elementary School
- Madisonville Elementary School
- Middle School
- Madisonville Junior High School
- High School
- Madisonville High School
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Listing courtesy of DBL Real Estate.