Looking for another multifamily property to add to your portfolio? Check out this cash-flowing, updated multifamily property near downtown Greenville, TX. Property features 4 rental units on 1 property and is fully occupied with leases in place through 2027. Monthly rental income totals $3,475, and tenants pay their own utilities. Each unit has its own designated parking. The property includes a duplex with two 1 bedroom, 1 bathroom units, a detached single apartment with 1 bedroom, 1 bathroom , and a separate 2 bedroom, 1 bathroom home. Recent updates include paint, flooring, plumbing, electrical, roofs, appliances, and HVAC systems. Annual income with current rents is $41,700; capitalization rate at 7.8%. Do not disturb tenants. Showings will take place during the option period only. Accounting information will be provided with accepted offer.
Property Details
- Interior
- High Speed Internet
- Cooling
- 1
- Heating
- Central, Electric
- Cooling Features
- Central Air, Ceiling Fans, Electric
- Bedrooms
- 5
- Bathrooms
- 4.0
- Full Baths
- 4
- Lot Features
- Cleared, Interior Lot
- Lot Description
- Cleared, Interior Lot
- Acres
- 0.0
- Lot Size (sqft)
- 0.298
- Parking Features
- Additional Parking, Asphalt, Common, Outside, On Street
- Parking
- 1
- Parking Spaces
- 1
- Parking Type
- Garage
- Parking Garage Spaces
- 1.0
- Parking Carport Spaces
- 0.0
- Property Type
- Multi-Family
- Year Built
- 1950
- Foundation
- Pillar Post Pier
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Sewer Available, Water Available
- Appliances
- Some Gas Appliances, Dishwasher, Gas Oven, Gas Water Heater, Plumbed For Gas, Refrigerator
- Subdivision
- Orig Town Of Greenville
- School District
- Greenville ISD
- Elementary School
- Lamar
- Middle School
- Greenville,Intermedia
- High School
- Greenville
- County
- Hunt
- Region
- Greenville
- Days on Market (Cumulative)
- 105
- Taxes Annual
- $6,300
Location
Legal
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Provided By
Listed by Melody Hudson (#0725008)
Listing Office: Farmersville Real Estate Company (#SHINN00TO)
