Historic property on a large lot with commercial potential calling for builder, handy-person, or investors to give it a new life. Formerly sed as multi-family housing it is currently zoned for single family and duplex homes. Converting this building into a duplex could generate significant passive income for the savvy investor. Are you an investor, contractor, or handy-man / woman who wants to make a difference in your community while creating a passive income stream for yourself through smart investment? Lease the upstairs and downstairs as separate units and cashflow this property as a duplex until the time is right to convert it to a commercial property or flip it to someone else in the years ahead. Can you see it? Being sold "As Is." Seller will not turn on utilities or make repairs. Cash only or hard money lender purchase only. Outstanding property tax foreclosure redemption period expected to expire on March 24, 2023. Mike Moses Elementary, McMichael Middle School.This foreclosure home is a single family home located in Nacogdoches. It offers in size, 4 beds and 2 baths. Review its detailed information and determine if this Nacogdoches foreclosure has the quali...
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This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.