904/906 S Colorado St, Midland, TX 79701
FOR SALE0.32 ACRES

904/906 S Colorado St
Midland, TX 79701

Southern
  • 4 Beds
  • 3 Baths
  • 1,525 sqft (on 0.32 acres)
  • 4 Beds
  • 3 Baths
  • 1,525 sqft (on 0.32 acres)

$899,000

Est. Mortgage $5,855/mo*
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Local Information

map showing home location
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-- mins to
Commute Destination

Description

Calling multi-family investors! Rare "apartment style" opportunity, completely renovated...just waiting for the right investor! Great location in the heart of downtown, mixed commercial/residential area, restaurants/shops, with easy access to I-20/Odessa/surrounding areas. Units are all currently rented on annual or short-term contracts with established tenants! Property is easily maintained, with shared laundry space & off street parking! Annual net income of $100,000+! Safe, secure, secluded!

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$590
Listed
143 days ago

Home Details for 904/906 S Colorado St

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3
Dimensions and Layout
Living Area: 1525 Square Feet
Appliances & Utilities
Utilities: Electricity ConnectedAppliances: Electric Water Heater
Heating & Cooling
Heating: Wall FurnaceHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Has Electric on Property
Levels, Entrance, & Accessibility
Levels: One, Two
Security
Security: Security System, Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: MetalFencing: Metal
Parking & Garage
No CarportNo GarageNo Attached GarageNo Open ParkingParking: Detached,Other-See Remarks
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 143

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: R000046099 & R000046100

Price & Status

Price
List Price: $899,000Price Per Sqft: $590

Active Status

MLS Status: Active

Media

Virtual Tour (branded): tour.usamls.net/904906-S-Colorado-St-Midland-TX-79705/unbranded

Location

Direction & Address
City: MidlandCommunity: Southern
School Information
Elementary School: SouthElementary School District: MidlandJr High / Middle School: GoddardJr High / Middle School District: MidlandHigh School: MidlandHigh School District: Midland

Agent Information

Listing Agent
Listing ID: 50068003

Building

Building Area
Building Area: 1525 Square Feet

Lot Information

Lot Area: 0.322 Acres

Compensation

Buyer Agency Commission: 2%Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Rent Includes: Water, Electricity, Trash Collection

Miscellaneous

Mls Number: 50068003
Last check for updates: 1 day ago
Listing courtesy of RISE Real Estate Group at Fathom Realty, (432) 352-8092
Fathom Realty
Source: PBBR, MLS#50068003

Price History for 904/906 S Colorado St

DatePriceEventSource
12/07/2023$899,000Listed For SalePBBR #50068003
12/07/2023ListingRemovedPBBR #50058387
09/06/2022$899,000Listed For SalePBBR #50051665

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Comparable Sales for 904/906 S Colorado St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4502 La Salle Cir #B, Midland, TX
4.18
Multi-Family Home
-
04/08/24
2
2
1,301

What Locals Say about Southern

  • Cassandra F.
    "I live in this area it’s really quiet for the most part. Neighbors keep to them self’s but do say hi. "
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  • Eldra L. C.
    "we are a community of dog owners and dog lovers and if you owned a pet or not you would feel welcomed "
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  • Eldra C.
    "20 mile commute to work daily back and forth to midland...... fairly decent neighborhood just gotta make sure you lock your doors at night"
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LGBTQ Local Legal Protections

RISE Real Estate Group at Fathom Realty, Fathom Realty
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
904/906 S Colorado St, Midland, TX 79701 is a 4 bedroom, 3 bathroom, 1,525 sqft multi-family built in 1940. 904/906 S Colorado St is located in Southern, Midland. This property is currently available for sale and was listed by PBBR on Dec 7, 2023. The MLS # for this home is MLS# 50068003.