$1,150,000
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20 Beds
14.5 Baths
12,000 SqFt
SOLD DATE : 05/13/2021
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $95
Subdivision Shannon W M Suppl
MLS Listing ID 14535352
Sold Date 05/13/21
Bedrooms 20
Full Baths 10
Half Baths 9
HOA Y/N None
Total Fin. Sqft 12000
Year Built 1966
Annual Tax Amount $20,758
Lot Size 6,708 Sqft
Acres 0.154
Property Description
CALLING ALL INVESTORS!! A rare opportunity to own multiple units in a prime west Sherman location. There are 5 duplexes fully occupied plus a large garage for storage or potential for additional income. Each building is 2,400 square feet, 1,200 per unit with 2 bedrooms, 1.5 bathrooms and the kitchens come fully equipped with all appliances. Current pro forma rent roll is $10,000+ per month. Roof replaced in 2019. Each bedroom has a balcony, 8 covered parking spots, each unit has washer and dryer hook ups. Tenant pay gas and electric, owner pays water and yard mowing. Huge upside on rental income and property value, don't miss this chance to own property in this growing market!
Location
State TX
County Grayson
Direction at the corner of N Travis St and W Fairview St across from Albertsons; GPS is accurate
Interior
Interior Features Cable TV Available, High Speed Internet Available
Heating Central, Natural Gas
Cooling Central Air, Electric
Flooring Carpet, Ceramic Tile, Vinyl
Appliance Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Heat Source Central, Natural Gas
Exterior
Exterior Feature Balcony, Covered Patio/Porch, Rain Gutters, Storage
Utilities Available City Sewer, City Water
Roof Type Composition
Parking Type Assigned, Covered
Total Parking Spaces 10
Garage No
Building
Story Two
Foundation Slab
Structure Type Brick,Siding
Schools
Elementary Schools Fairview
Middle Schools Piner
High Schools Sherman
School District Sherman Isd
Others
Ownership Ramesh Menon
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Kimberly Christensen • EXP REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "