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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,084 sqft
Price per Sqft $101
Subdivision Abst A 0477 E Holland
MLS Listing ID 23001695
Bedrooms 8
Year Built 1980
Annual Tax Amount $7,754
Tax Year 2022
Lot Size 1.055 Acres
Property Sub-Type Fourplex
Property Description
Great Investment opportunity! Two duplexes sit on 1.055 acres in a country setting. The four units have 100% occupancy and 2 tenants have been there for a very long time. Each tenant pays for electricity, water, cable/internet. The landlord currently pays for trash service of $57/month. Current gross yearly rent is $41,160. (3430/month) All units are similar in floor plan. The main floor plan has kitchen, laundry, half bath, living room, patio. Upstairs has 2 bedrooms, 1 full bathroom with tub/shower combo and closets in each bedroom. Units were updated in 2018 by previous owner and this owner has done further updating and maintenance. Rent Rolls, P & L, Leases, and Maintenance sheet are all available upon request. Owner currently has a transferable home warranty on all unit which covers all major systems and appliances through 6/18/2025. Potential buyers must supply proof of funds or preapproval letter prior to making an appointment to view properties
Location
State TX
County Smith
Zoning Multi Fam Dwelling 2 ½ St
Interior
Heating Central Electric
Cooling Central Electric
Flooring Carpet, Laminate
Fireplaces Type None
Equipment Range/Oven-Electric, Dishwasher
Exterior
Exterior Feature Gutter(s), Porch
Fence Chain Link Fence
View Y/N No
Roof Type Composition
Building
Foundation Slab
Sewer Conventional Septic Sys
Water Public
Schools
Elementary Schools Owens
Middle Schools Three Lakes
High Schools Tyler Legacy
Others
Acceptable Financing Conventional, Must Qualify, Cash
Listing Terms Conventional, Must Qualify, Cash
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Bought with Brandy Mesenbring
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