$550,000
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8 Beds
4 Baths
0.37 Acres Lot
SOLD DATE : 05/03/2023
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Ligon #2
MLS Listing ID 20282799
Sold Date 05/03/23
Bedrooms 8
Full Baths 4
HOA Y/N None
Total Fin. Sqft 4224
Year Built 1983
Annual Tax Amount $11,419
Lot Size 0.367 Acres
Acres 0.367
Property Description
Amazing investment opportunity conveniently located in Red Oak! Four plex with each unit offering 2 bedrooms and 1 bathroom, with each unit approximately 930 sq. ft.; all units are currently rented. Unit A rents for $900 month and is month to month. Unit B rents for $1000 month and lease ends May. Units C and D rent for $1000 and are month to month. Landlord has informed tenants that rents would be increasing soon. Roof was replaced two years ago. Per Unit C tenant request, photos were not taken. Buyer and or buyers agent to verify all measurements, schools, and information. Please observe showing details.
Location
State TX
County Ellis
Direction See GPS
Interior
Interior Features Built-in Features
Heating Electric
Cooling Electric
Appliance Electric Water Heater
Heat Source Electric
Exterior
Utilities Available City Water
Roof Type Composition
Parking Type Common
Total Parking Spaces 4
Garage No
Building
Story One
Foundation Slab
Structure Type Brick
Schools
Elementary Schools Wooden
Middle Schools Red Oak
High Schools Red Oak
School District Red Oak Isd
Others
Ownership See tax records
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing VA
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Bought with Jennifer Wirz • Ebby Halliday, REALTORS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "