Property
Beds
8
Full Baths
4
1/2 Baths
None
Year Built
1973
Sq.Footage
N/A
***TRIPLEX***TURNKEY RENTAL PROPERTY***INCOME PRODUCING*** If you are looking to add to your portfolio, then take a look at this oversized, cash flowing property boasting 4,188 square feet over 3 units. This triplex was renovated in 2022 (including roof) and since then the property has had updated plumbing, electrical, paint, made up to code for tenants to lease and many more updates that have receipts. Unit 512 has all new vinyl plank flooring throughout and a completely new bathroom, including shower, tub, vanity and toilet. Units 510 and 512 are currently leased and Unit 514 is now listed for lease after tenant moved out. All units combined leased for $4,075 when fully occupied. There is also room to increase rents going forward. Unit 510 (1,087 square feet) has 2 beds and 2 baths with an attached carport. Unit 512 is the largest unit at 1,775 square feet. This unit has 3 traditional bedrooms and 2 large living areas (the previous tenant used the second living area as a 4th bedroom with its huge closet) and 1 larger bathroom. Unit 514 (1,245 square feet) has 2 bedrooms and 1 bathroom and has a more open floorplan. There are 3 covered parking spaces and 3 additional uncovered parking spaces. Each unit has an assigned covered and uncovered parking space. The backyard is massive and has plenty of room to add additional units for future growth, as it has access to the road. Due to the property only having 1 water meter, the owner has been paying for water, sewage and trash. This can be solved by installing separate submeters and then having tenants paying for all utilities. Tenants pay for electric and internet. There is a community park and community pool within walking distance right across highway 80. The listing agent is also the owner.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
-
Total Bedrooms
8
-
Bathrooms
4
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete
-
Parking
Additional Parking, Attached Carport, Carport, Concrete, Covered, Detached Carport, Driveway, No Garage
-
Patio and Porch Features
Covered
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Few Trees, Landscaped
-
Lot Size(acres)
0.637
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$435,000
-
Tax Amount
13026.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Grandsalin
-
Middle School
Grandsalin
-
High School
Grandsalin
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Van Zandt
Elementary School
Grandsalin
Middle School
Grandsalin
High School
Grandsalin
Listing Courtesy of Kyle Funk , First-In Realty
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