Investor special! A one of a kind opportunity to own three well maintained duplexes totaling six income producing units in growing Sherman, Texas. Currently 100% leased, this property offers an established rental portfolio with practical features tenants appreciate, including carports, in unit laundry and yards with select units. Low maintenance… Read More grounds and a longtime groundskeeper located just minutes away add convenience to ongoing upkeep.
Sherman’s expanding employment base includes Texas Instruments’ new semiconductor manufacturing campus and the recently opened GlobalWafers America facility. Area attractions include historic downtown Sherman’s local dining, shopping and cultural events. Whether expanding an existing portfolio or entering the multifamily market, this distinctive six unit offering combines full occupancy, well maintained improvements and a location in a community experiencing significant investment. Read Less
Courtesy of Caple & Company, Melanie Caple.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Duplex
Beds
12
Full Baths
6
Partial Baths
6
Lot Size
6631 Acres
Year Built
1968
MLS Number
21414061
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator
Building
Built in 1968, Year Built Details: Preowned, 3 buildings, Levels: Two, Construction Materials: Brick
Cooling
CeilingFans
Expenses
Insurance: $8,900
Exterior Features
SportCourt
Fireplaces
6 fireplaces, WoodBurning
Floors
Carpet
Foundation
Slab
Heating
Electric
Income
Gross Income: $92,100, Net Operating Income: $79,600