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Investment Highlights

  • Rare five-unit investment property on a full acre, offering immediate income and long-term growth potential.
  • Four of five units recently updated, with value-add opportunity remaining for future upside.
  • Recently upgraded septic system with modern equipment for dependable performance.
  • Diverse unit mix including three single-family homes and one duplex for tenant stability.
  • Private well with individual meters per unit simplifies utility management and reduces operating costs.
  • Each unit includes garage parking, increasing tenant convenience and rental appeal.

Executive Summary

FANTASTIC INVESTMENT OPPORTUNITY, the one you’ve been waiting for! Welcome to a rare, income-producing property featuring five units situated on a full acre, offering both immediate cash flow and long-term upside. This unique portfolio includes three single-family homes and one duplex, providing an ideal mix for tenant diversity and rental stability. Four of the five units have been thoughtfully updated, allowing a new owner to step into a largely turn-key investment while still benefiting from future value-add potential on the remaining unit. The property is equipped with its own private well, with individual meters for each unit, helping streamline utility management and reduce owner expenses. A recently reworked septic system with updated equipment adds peace of mind and minimizes near-term capital expenditures. Numerous additional upgrades throughout the property further enhance its appeal and functionality. Each unit also features garage parking, a highly desirable amenity that adds convenience for tenants and increases rental appeal. Situated at 1020, 1024, 1026, 1028, and 1032 Greg Street, in Azle, TX, this multi-unit offering combines space, infrastructure, and income potential, all in one compelling package. Don’t miss this exceptional opportunity to expand your portfolio with a high-performing, multi-unit property! Showings are available every Wednesday from 10am-11am.

Property Facts

Price $1,631,251 CAD
Price Per SF $304.96 CAD
Sale Type Investment
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.99 AC
Building Size 5,349 SF
No. Stories 1
Year Built 1991
Zoning A1 - Residential
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
R000055539
Land Assessment
$123,039 CAD
Improvements Assessment
$749,280 CAD
Total Assessment
$872,319 CAD
  • Listing ID: 40250194

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 1032 Greg St, Azle, TX 76020

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