$125,000
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2 Beds
2 Baths
8,276 Sqft Lot
SOLD DATE : 02/06/2023
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision City Add
MLS Listing ID 20221525
Bedrooms 2
Full Baths 2
Year Built 1935
Annual Tax Amount $2,710
Lot Size 8,276 Sqft
Property Description
College kids and investors! Two unit duplex has already been updated. Additional value in large lot, approx 60x150, means room to add more units, zoned multi family. Currently generates $900 per month with room to increase. Both sides are currently leased. Refrigerators and window units convey. Efficiency units are approx 360sqft with living room, bathroom, kitchen. Well maintained, current investor just needs some operating cash for another venture. Good property, we have managed it for the last several years, no issues keeping it leased. Demand is here in Sville. Convenient location. Nice income producing property, $10k a year now, with more potential possible. Currently, landlord pays for water, trash and lawn care. Great opportunity to add to your portfolio or perfect entry level investment property. Live in one and lease the other!
Location
State TX
County Erath
Interior
Heating Other
Cooling Window Unit(s)
Flooring Ceramic Tile, Laminate, Vinyl
Exterior
Fence None
Utilities Available City Sewer, City Water
Roof Type Composition
Building
Lot Description Few Trees, Interior Lot
Story One
Foundation Pillar/Post/Pier
Structure Type Siding,Wood
Schools
Elementary Schools Central
School District Stephenville Isd
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Bought with Donna J. Wallace • Kersh Real Estate