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Multi-unit vacation rental for sale in Canyon, TX just blocks from West Texas A&M University

  • $499,000
2000 3rd Ave, Canyon, TX 79015

Overview

Property ID: HZ11651
  • 6
  • Bedrooms
  • 5
  • Bathrooms

Description

Iconic home with character, space, recent updates, AND two income-producing suites in beautiful Canyon, Texas. Sitting on a huge corner lot in the heart of town, this is one listing you must see to appreciate! The main home has lots of windows, two living areas, an updated kitchen, and a fantastic front porch. There is a bedroom and bathroom on the main floor with three additional bedrooms and a large utility area upstairs. The master suite has a modern master bath as well as an attached office.

The property comes complete with two fully-furnished income-producing units currently used as nightly rentals with excellent reviews and documented income. With approximately 5,000 square feet of total living space, the possibilities are endless with the one-of-a-kind home.

Income Stats:
The 2 income-units did about $21.5k in 2020 with the owners blocking off a combined total of 234 days.
The main home could be used as a residence, another income-producing unit, or a traditional bed and breakfast.

12.6 Miles from Palo Duro Canyon
3 Blocks from West Texas A&M University
5 Blocks to Panhandle-Plains Historical Museum
5 Blocks from the Historic Square

Details

  • Price: $499,000
  • Property Size: 4492 sq ft
  • Bedrooms: 6
  • Bathrooms: 5
  • Property Keyword: multi-unit
  • Seller Financed: No, No, No, No
  • Listed By: Agent, Agent, Agent, Agent
  • Active Short Term Rental (STR)?: Yes, Yes, Yes, Yes
  • Licensed short term rental (STR)?: No, No, No, No
  • Full time or Part time rental?: Part Time, Part Time, Part Time, Part Time
  • Sold Furnished?: No, No, No, No
  • Property Management: Owner, Owner, Owner, Owner
  • Revenue Management: Owner, Owner, Owner, Owner
  • Annual Gross Revenue: 21500
  • Average Nightly Rate: 85

Property Rental Listing (VRBO or AirBNB Links)

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