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About This Home
This 23-bedroom, 0-bathroom townhouse at 111 S 33rd Street in Temple, TX is listed for $389,000 ($37 per sqft). Built in 1948, the home offers 10,500 sqft of living space on a 0.09 acres lot.
Fix it. Flip it. Reimagine it. This is the kind of diamond in the rough that seasoned investors dream about! Located just off Adams Avenue and minutes from Baylor Scott & White, this versatile commercial property is packed with potential and poised for transformation.
Main Building: Approx. 10,707 sq. ft. - a solid shell ready for your vision Additional Structures: A 2-bedroom frame home, former laundry building, and garage/storage area The property is zoned commercial and was previously used as an independent living facility, but the possibilities are wide open: Multi-tenant office space Assisted living or resi
dential rehab facility Boutique lodging or studio space Storage and service-oriented business All buildings are sold AS IS - yes, they need extensive rehab, but this is your blank canvas. MOTIVATED SELLER - Extremely negotiable on cash offers, outside financing AND open to OWNER FINANCING!
Rare Value Add Opportunity in Temple! This is an 11 unit multifamily with over 9000 square feet of rentable space (~10500 total building square footage). Projected Income of $13,500 a month (at 1.5 psf) or $162,000 annually. Projected expenses: $40,000 annually NOI: $122,000 Renovated Valuation of $1,876k at a 6.5% cap rate *Attractive Seller Finan
cing Option Available (with 20% downpayment) - Preliminary Renovations Budget of $400-500k INVESTOR ALERT - PRIME COMMERCIAL OPPORTUNITY IN TEMPLE, TX! Don't wait. With Temple's ongoing growth and proximity to major employers, this is the kind of opportunity that won't sit long. Call today to schedule a walkthrough and make your offer before someone else grabs this hidden gem!
Key Features
- Built in 1948
- 0.09 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,080/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
111 S 33rd Street
Temple, TX 76504
Temple Heights
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 23-bedroom, 0-bathroom townhouse at 111 S 33rd Street is listed at $389,000 ($37/sqft). The estimated monthly payment is $1,686 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 0.09 acre lot. Interior Features: MultipleClosets, EatInKitchen.
This property is listed by Elizabeth Thomas and can be reached at 2543943742 or elizabeth@acerealestateco.com.



























