372 Pr 4207 Unit 272, 372, and 500, Decatur, Texas 76234
- $1,075,000
- 18
- BD
- 8,400
- SqFt
- List Price
- $1,075,000
- MLS#
- 20417759
- Status
- ACTIVE
- Type
- Multifamily
- Year Built
- 2004
- Construction Status
- Preowned
- Bedrooms
- 18
- Full Baths
- 10
- Acres
- 6.13
- Living Area
- 8,400
- County
- Wise
- City
- Decatur
- Subdivision
- Satellite City U1
- Building Name
- N/A
Property Description
Calling All Investors! Three duplex units spread out over 6.13 acres. This is a sure investment guaranteeing rental income with long standing tenants in each unit. Each unit is approximately 2800sqft of living space constructed with decorative stone-finish masonry block, new metal roofs, vinyl floors or stained concrete throughout, ceramic tile surrounding in tub-showers, and covered parking. Each unit has a private well (with masonry block well-house) and septic system. These units are built for years of trouble-free service and have been maintained with newer pressure tanks in the well houses and all septic's pumped within the last year. There is also a 1600sqft metal shop between the 1st and 2nd units.
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Additional Information
- HOA
- No HOA
- Annual Insurance
- 8400
- Total Annual Expenses
- Insurance, Maintenance Grounds, Manager, Trash, Other
- Gross Annual Expenses
- 40852
- Gross Annual Income
- 75600
- Lot Size
- 267,022
- Acres
- 6.13
- Lot Description
- Acreage
- Subdivided
- No
- Interior Features
- Vaulted Ceiling(s)
- Flooring
- Carpet, Concrete, Vinyl
- Foundation
- Slab
- Roof
- Metal
- Stories
- 1
- Street Utilities
- Co-op Electric, Septic, Well
- Heating Cooling
- Central, Electric
- Exterior
- Covered Patio/Porch
- Construction Material
- Block
- Carport Spaces
- 2
- Parking Garage
- Covered
- Total Num Parking
- 6
- School District
- Decatur Isd
- Elementary School
- Carson
- Middle School
- Decatur
- High School
- Decatur
- Possession
- Closing/Funding
- Building Sq. Ft.
- 8400
- Number of bldgs.
- 3
- Number of units
- 3
- Occupancy Rate
- 100
- Tenancy
- No Sublease, Over 9 Months, Pets Allowed, Written Application Only
- Possession
- Closing/Funding
- Cap Rate
- 3.23
Mortgage Calculator
Listing courtesy of Candy Janopoulos from Earthport Properties Realty, LLC. Contact: 817-829-2356