Looking for another multifamily property to add to your portfolio? Check out this cash-flowing, updated multifamily property near downtown Greenville, TX. Property features 4 rental units on 1 property and is fully occupied with leases in place through 2027. Monthly rental income totals $3,475, and tenants pay their own utilities. Each unit has its own designated parking. The property includes a duplex with two 1 bedroom, 1 bathroom units, a detached single apartment with 1 bedroom, 1 bathroom , and a separate 2 bedroom, 1 bathroom home. Recent updates include paint, flooring, plumbing, electrical, roofs, appliances, and HVAC systems. Annual income with current rents is $41,700; capitalization rate at 7.8%. Do not disturb tenants. Showings will take place during the option period only. Accounting information will be provided with accepted offer.
58 days
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114
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9
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Zillow last checked:
Listing updated:
Listed by:
Melody Hudson0725008972-784-6115,
Farmersville Real Estate Company972-784-6115
Source: NTREIS,MLS#: 21284862
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Appliances
Included: Some Gas Appliances, Dishwasher, Gas Oven, Gas Water Heater, Plumbed For Gas, Refrigerator
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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