0.58% CAP
no data
Single family residence
Property Type
$7,820
Net Operating Income (NOI)
6 unit(s)
Total Units
0.58%
CAP RATE
12
Leasable Doors
$225,000
Price per unit
6 SEPERATE UNITS! Looking for the perfect multi-family property in one of the most sought-after towns in East Texas? LOOK NO FURTHER! Situated on 1.5 acres, this property has so much to offer. The SFD is 1212sqft and currently a 2/1 with formal dining. This home could easily be converted into a 3/2 for maximized profit. Already zoned commercial, so turning into an office space is an option as well. Home was renovated in 2017 and is currently being renovated and upgraded again! Private drive and plenty of yard! Duplex- 3/2, 1275sqft with covered parking for tenants. Triplex- 2/2, 1,036sqft and built in 2022. Beautiful floorplan, granite, farmhouse sink, covered front and back patio, aerobic sprinkler in back and front yard. ALL units have upgraded appliances including washer & dryer, individual privacy fence in backyard, and brand-new septic tanks with lines. Concrete parking slab with 2 spots per unit. 1,000 sqft metal storage building with 2 commercial grade doors, can be utilized for storage, office space, or another rental! Leg work is already done as it is plumbed for a bathroom! Lots of common space area for tenants to enjoy. Current rents are being adjusted and this property is 100% occupied at all times.6 SEPERATE UNITS! Looking for the perfect multi-family property in one of the most sought-after towns in East Texas? LOOK NO FURTHER! Situated on 1.5 acres, this property has so much to offer. The SFD is 1212sqft and currently a 2/1 with formal dining. This home could easily be converted into a 3/2 for maximized profit. Already zoned commercial, so turning into an office space is an option as well. Home was renovated in 2017 and is currently being renovated and upgraded again! Private drive and plenty of yard! Duplex- 3/2, 1275sqft with covered parking for tenants. Triplex- 2/2, 1,036sqft and built in 2022. Beautiful floorplan, granite, farmhouse sink, covered front and back patio, aerobic sprinkler in back and front yard. ALL units have upgraded appliances including washer & dryer, individual privacy fence in backyard, and brand-new septic tanks with lines. Concrete parking slab with 2 spots per unit. 1,000 sqft metal storage building with 2 commercial grade doors, can be utilized for storage, office space, or another rental! Leg work is already done as it is plumbed for a bathroom! Lots of common space area for tenants to enjoy. Current rents are being adjusted and this property is 100% occupied at all times.
