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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision City Add
MLS Listing ID 20221525
Sold Date 02/06/23
Bedrooms 2
Full Baths 2
HOA Y/N None
Total Fin. Sqft 720
Year Built 1935
Annual Tax Amount $2,710
Lot Size 8,276 Sqft
Acres 0.19
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
Direction Use GPS to 212 Reta. Heading West on Washington. Just past CVS turn right on Reta. Duplex will be on your left. SOP.
Interior
Interior Features High Speed Internet Available
Heating Other
Cooling Window Unit(s)
Flooring Ceramic Tile, Laminate, Vinyl
Appliance Electric Range, Refrigerator
Heat Source Other
Exterior
Fence None
Utilities Available City Sewer, City Water
Roof Type Composition
Parking Type No Garage, Off Street, Open
Total Parking Spaces 4
Garage No
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
Ownership MOMO LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Seller Financing
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Bought with Donna J. Wallace • Kersh Real Estate
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