Property
Beds
6
Full Baths
5
1/2 Baths
None
Year Built
1890
Sq.Footage
3,838
Unit 1 is downstairs to the left a Two-bedroom one bathroom unit $1000 PM. Unit 2 downstairs to the right is a one bedroom and one-bathroom $850 PM. Unit 3 upstairs to the left is a 2 bedroom and two-bathroom unit with central air and gas heater $1100 PM. Unit 4 upstairs to the right is a one bedroom one-bathroom unit $850 PM. All units have been renovated within the past 4 years All bathrooms have been updated and have showers. Plumbing and electrical all up to date. Unit 3 has central air conditioning all other units have window units and space heaters. All units have current leases. Front Porch and Foundation have all recently been fully replaced beams and piers with warranty. Owner, seller is Real Estate broker. Please note pictures are 1- 2 years old and are just to show the renovation of each unit in the past 4 years. Roof is about 6 years old. Owner will finance at 8.5 % interest over 30 years with min 25% downpayment. Monthly payment $2306 + Insurance $250 PM + Property Tax = $3025 Per month payment Total income is $3800 per month leaves a net income of about $775 a month net or a Cap Rate of 7.75%
Features & Amenities
Interior
-
Other Interior Features
Other
-
Total Bedrooms
6
-
Bathrooms
5
-
Cooling YN
YES
-
Cooling
Central Air, Wall/Window Unit(s), Window Unit(s)
-
Heating YN
YES
-
Heating
Central, Space Heater
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
Common, On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.172
-
Lot Size(square feet)
7492.32
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$399,000
-
Tax Amount
$3,658
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Lamar
-
Middle School
N/A
-
High School
Denison
Property Features
-
Foundation Details
Pillar/Post/Pier
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
10
-
Water Source
Public
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Location
County
Grayson
Elementary School
Lamar
Middle School
High School
Denison
Listing Courtesy of Colin Rosenthal , DFW Metro Housing
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