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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ed Holland Surv A-477
MLS Listing ID 20256673
Sold Date 03/20/23
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Y/N None
Total Fin. Sqft 4084
Year Built 1980
Annual Tax Amount $6,389
Lot Size 1.055 Acres
Acres 1.055
Property Description
Great Investment opportunity! Two duplexes sit on 1.055 acres in a country setting. The four units have 100% occupancy and 2 tenants have been there for a very long time. Each tenant pays for electricity, water, cable internet. The landlord currently pays for trash service of $57 month. Current gross yearly rent is $41,160. All units are similar in floor plan. The main floor plan has kitchen, laundry, half bath, living room, patio. Upstairs has 2 bedrooms, 1 full bathroom with tub shower combo and closets in each bedroom. Units were updated in 2018 by previous owner and this owner has done further updating and maintenance. Rent Rolls, P & L, Leases, and Maintenance sheet are all available upon request. Owner currently has a transferable home warranty on all unit which covers all major systems and appliances through 2025. Buyer must supply listing agent with proof of funds for prequal letter prior to viewing property.
Location
State TX
County Smith
Direction From Tyler, West on Spur 364, Left on CR 1134 before you hit Hwy 31. Continue on CR 1134, under loop 49, property will be on the Left.
Interior
Interior Features Paneling, Walk-In Closet(s)
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air
Appliance Built-in Refrigerator, Dishwasher, Electric Oven
Heat Source Central, Electric
Exterior
Utilities Available All Weather Road, City Water, Electricity Connected, Individual Water Meter, Outside City Limits, Overhead Utilities, Septic
Roof Type Composition
Parking Type Asphalt
Total Parking Spaces 8
Garage No
Building
Story Two
Foundation Slab
Structure Type Brick,Other
Schools
Elementary Schools Owens
School District Tyler Isd
Others
Acceptable Financing Assumable, Cash, Contact Agent, Conventional
Listing Terms Assumable, Cash, Contact Agent, Conventional
Financing Cash
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Bought with Non-Mls Member • NON MLS
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