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1032 Greg St - Units 1-5 5,349 SF Specialty Building Offered at $1,631,251 CAD in Azle, TX 76020



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 | Building Class | C |
| Price Per SF | $304.96 CAD | Lot Size | 0.99 AC |
| Sale Type | Investment | Building Size | 5,349 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Residential Income | Year Built | 1991 |
| Zoning | A1 - Residential | ||
| 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 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R000055539 | Improvements Assessment | $749,280 CAD |
| Land Assessment | $123,039 CAD | Total Assessment | $872,319 CAD |
Property Taxes
Parcel Number
R000055539
Land Assessment
$123,039 CAD
Improvements Assessment
$749,280 CAD
Total Assessment
$872,319 CAD
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1032 Greg St - Units 1-5
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