BEDS12
BATHS12 full
MLS#21237120
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCity Of Paris
SCHOOLParis ISD
Property Description
Formerly a daycare, this versatile 11,000+ SF commercial property sits on 1+ acre with dual road frontage in a Multi-Family Dwelling District. The functional layout includes 12 private rooms with full baths, office areas, a commercial kitchen, laundry, and multiple flex spaces, creating endless end-use potential for multi-family conversion, co-working, flex office suites, medical or wellness, senior-focused services, hospitality group lodging, or community training space. Centrally located near downtown, shopping, and medical centers, it supports strong lease demand and long-term value. Current income supports an estimated 10% cap rate with upside potential, and the property is located in a Texas Opportunity Zone offering potential tax incentives.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 1.07 Acres
Roof Type: Composition
Year Built: 1960
Amenities
Built-in Features
Feature Descriptions
Accessibility: Accessible Approach with Ramp, Accessible Bath - Full, Meets ADA Requirements
Appliances: Plumbed For Gas in Kitchen
Days on Site: 2
Exterior: Brick
Fencing: Chain Link, Wood
Flooring: Luxury Vinyl Plank
Lot: Acreage, Adjacent to Greenbelt, Few Trees, Landscaped
Parcel#: 22040
Parking: Additional Parking, Attached Carport, Carport, Circular Driveway, Driveway
Parking Notes: Additional Parking, Attached Carport, Carport, Circul
Security: Fire Sprinkler System, Smoke Detector(s)
Units: 12
Utilities: Cable Available, City Sewer, City Water, Co-op Electric, Electricity Connected, Gravel/Rock, Individual Water Meter, Overhead Utilities, Sidewalk
Local Schools
Elementary School: Aiken
School District: Paris ISD
Listed By / Shown By
Listed By
Agency Name: EXP REALTY
Agency Contact: 469-588-8395
Agent Name: Shannon Miles
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimate Your Payment
Estimated Payment
$ 2,492.06 per month $2,203.31 Principal & Interest $0.00 Property Tax (data not provided by mls) $288.75 Homeowner's Insurance
1905 E Price Street, Unit A | MLS# 21237120
This multi-family property located at 1905 E Price Street, Unit A, Paris, TX 75460 is currently listed for sale with an asking price of $990,000. E Price Street, Unit A is located within the Paris ISD school district. Search Paris real estate on www.kellyrealtors.com today.