Easily generate $2500 per month in rental income once you update this single-story duplex! Unit A offers 2 bedrooms and 1 bathroom with a generously-sized living area. Unit B offers 3 bedrooms and 1 bathroom. Both units have laundry connections in the kitchen. Both units need new AC units, water heaters, and appliances along with cosmetic updates. The partition wall between the units has been removed, but it can easily be framed and sheet-rocked. Solid foundation and lifetime seamless metal roof. Covered front porch and back patio. Communal parking pad large enough for 5 or 6 vehicles located directly behind this duplex. Located on a 0.24-acre cul-de-sac lot with plenty of room for your tenants' children to play in the yard! Speaking of children, the Perrin Early Childhood Center is within walking distance of this duplex offering free childcare for 3 & 4 year-olds. Attract college students from nearby Grayson College and flight personnel at North Texas Regional Airport. With rental demand driven by nearby schools, colleges, and regional employers, plus a price point well below market value, this is your chance to add value and build equity through strategic renovations!
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Listing Snapshot
Price
$160,000
Days On Site
2 Days
Bedrooms
5
Inside Area (SqFt)
2,058 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.24 Acres
Year Built
1945
MLS® Number
20933139
Status
Active
Property Tax
$2,569
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 days ago
Listing updated with changes from the MLS®
3 days ago
Listing first seen on site
General Features
Acres
0.24
Foundation
Slab
Parking
CommonParking Pad
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
2058
Stories
One
Utilities
Cable AvailableElectricity Connected
Water Source
Public
Interior Features
Appliances
None
Cooling
Ceiling Fan(s)Central AirGas
Fireplace Features
None
Flooring
Ceramic TileNone
Heating
CentralNatural Gas
Interior
Open Floorplan
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Exterior Features
Construction Details
Wood Siding
Exterior
Lighting
Fencing
VinylWood
Lot Features
Cul-De-SacFew TreesLandscaped
Patio And Porch
CoveredFront PorchPatio
Roof
Metal
Waterfront Features
Texoma
Community Features
Financing Terms Available
1031 ExchangeCashConventional
School District
Sherman ISD
Schools
School District
Sherman ISD
Elementary School
Percy W Neblett
Middle School
Sherman
High School
Sherman
Listing courtesy of Megan Christensen of Texas Life Real Estate [email protected]
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