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Active - Other for sale
111 S 33rd St S, Temple, TX
Facts & features
Why you’ll love it
Rare Value Add Opportunity in Temple Texas This is an 11 unit multifamily with ~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 Financing Option Available (with 20% downpayment) - Preliminary Renovations Budget of $400-500k INVESTOR ALERT – PRIME COMMERCIAL OPPORTUNITY IN TEMPLE, TX! 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 residential 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! 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!
Listings courtesy of Coldwell Banker Realty as distributed by MLS GRID.
Listed by: Vicki Cantrell • (254) 628-9651 • Coldwell Banker Realty
Co-listed by: Coldwell Banker Realty
Source: Unlock MLS as distributed by MLS GRID, MLS#: 3935849
Based on info available as of Nov 13, 2026 at 1:33 AM EST.
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Affordability
$2,526/mo
- Mortgage$2,526
- Property tax$0
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$9,990 Credit back
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Travel times
About Moore's Knight
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Disclaimer
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 01:33am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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$9,990 Credit back
