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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Bbb & Crr
MLS Listing ID 20226703
Sold Date 02/10/23
Bedrooms 4
Full Baths 2
HOA Y/N None
Total Fin. Sqft 1676
Year Built 1918
Annual Tax Amount $2,881
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Your Chance to Own a Completely Updated Duplex Walking Distance to Texas Woman's University with Lines Out the Door to Rent It! The Owner Has Spared No Expense in Making This Duplex Beautiful Back in 2015 and Tenants Stay and Usually Never Want to Leave! Current Front Tenants Have Been There Over 3 Years, Back Tenants Over a Year, They Pay Rent Increases Each Year with Renewals, and Rent is Current! Both Leases Expire Summer 2023, But Tenants Will Likely Want to Renew and They Have Been Great Tenants This Entire Time! Property Has Very Low Property Taxes, No HOA, and Very Low Expenses to Maximize Profits and Rent Rate is Currently Under Market! Rents Can Be Increased Substantially in Summer 2023 with New Owner if Desired! Entire Duplex Taken Down to the Studs and Rebuilt with Spray Foam Insulation, New Kitchens with Butcher Block Counters, Laundry Rooms, Drywall, Paint, Flooring, HVAC Units, Gas Lines, and Water Heaters in 2015! Each Side is 2 Beds 1 Bath, So Come and Get It!
Location
State TX
County Denton
Direction GPS is amazing
Interior
Interior Features Cable TV Available, Decorative Lighting, High Speed Internet Available
Heating Central, Natural Gas
Cooling Central Air, Electric
Appliance Dishwasher, Disposal, Gas Range
Heat Source Central, Natural Gas
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Parking Type Additional Parking, Gravel, Off Street
Total Parking Spaces 4
Garage No
Building
Story One
Foundation Pillar/Post/Pier
Structure Type Siding,Wood
Schools
Elementary Schools Evers Park
School District Denton Isd
Others
Ownership of record
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
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Bought with Leslie Schmidtke • Fathom Realty, LLC