$249,000
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611 E Highway 11 Tom Bean, TX 75489
6 Beds
3.5 Baths
0.64 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Bartlett Annibal Surv Abs #12
MLS Listing ID 20168896
Bedrooms 6
Full Baths 3
Half Baths 1
Year Built 1960
Annual Tax Amount $3,476
Lot Size 0.640 Acres
Property Sub-Type Triplex
Property Description
INVESTOR SPECIAL! Great income producing TRI PLEX right outside of the rapidly growing Sherman area. NOI $21,164.00 puts this property at an 8.5% CAP rate, perfect add to any size portfolio. New refrigerators in each unit will convey, new HEAT and COOL air conditioning units installed in each unit, and new fixtures in each unit. Recent improvements include fresh paint, roof repairs, and soffit + facia repairs. Don't miss out on this great investment opportunity.
Location
State TX
County Grayson
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Building
Story One
Foundation Slab
Structure Type Block,Concrete,Wood
Schools
Elementary Schools Tom Bean
Middle Schools Tom Bean
High Schools Tom Bean
School District Tom Bean Isd
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Bought with Brandan Bednarz • New Western Acquisitions