UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Kemp
MLS Listing ID 21259445
Bedrooms 2
Full Baths 1
HOA Y/N None
Total Fin. Sqft 1336
Year Built 1900
Lot Size 7,440 Sqft
Acres 0.1708
Lot Dimensions 74.39 x 100
Property Sub-Type Duplex
Property Description
Unit 1 rent: $1,000 per month
Unit 2 rent: $1,135 per month
Total gross income: $25,620 annually
Net income: $21,630 annually
Cap rate: 10.87 percent
No HOA
This property offers immediate cash flow and is a solid addition to any rental portfolio.
Location
State TX
County Kaufman
Direction Head east on US-175 E from Kaufman. Continue on US-175 E for approximately 11 miles. Take the Kemp Business exit. Turn right onto E 11th St. The destination will be on your right at the corner of E 11th St and Elm St
Interior
Interior Features Other
Heating Propane
Cooling Wall/Window Unit(s)
Flooring Laminate
Appliance Electric Oven
Heat Source Propane
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Accessibility Accessible Approach with Ramp
Garage No
Building
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Vinyl Siding
Schools
Elementary Schools Kemp
High Schools Kemp
School District Kemp Isd
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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NEARBY SCHOOL & BUSINESS
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