Property
Beds
5
Full Baths
4
1/2 Baths
None
Year Built
1950
Sq.Footage
3,091
Looking for another multifamily property to add to your portfolio? Check out this cash-flowing, updated multifamily property near downtown Greenville, TX. Property features 4 rental units on 1 property and is fully occupied with leases in place through 2027. Monthly rental income totals $3,475, and tenants pay their own utilities. Each unit has its own designated parking. The property includes a duplex with two 1 bedroom, 1 bathroom units, a detached single apartment with 1 bedroom, 1 bathroom , and a separate 2 bedroom, 1 bathroom home. Recent updates include paint, flooring, plumbing, electrical, roofs, appliances, and HVAC systems. Annual income with current rents is $41,700; capitalization rate at 7.8%. Do not disturb tenants. Showings will take place during the option period only. Accounting information will be provided with accepted offer.
Features & Amenities
Interior
-
Other Interior Features
High Speed Internet
-
Total Bedrooms
5
-
Bathrooms
4
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Fiber Cement
-
Parking
Additional Parking, Asphalt, Common, On Street, Outside, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cleared, Interior Lot
-
Lot Size(acres)
0.298
-
Lot Size(square feet)
12980.88
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$465,500
-
Tax Amount
$6,300
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Lamar
-
Middle School
Greenville
-
High School
Greenville
Property Features
-
Foundation Details
Pillar/Post/Pier
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
5
-
Water Source
Public
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Location
County
Hunt
Elementary School
Lamar
Middle School
Greenville
High School
Greenville
Listing Courtesy of Melody Hudson , Farmersville Real Estate Company
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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