New Boston, TX 75570,424 Alford Drive
$1,350,000
Est.Price: ?

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2 BD
1 BA
11,336 SqFt

424 Alford Drive New Boston, TX 75570

Est. payment /mo
SOLD DATE : 12/23/2020

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 11,336 sqft

Price per Sqft $119

Subdivision Alford Terrace 2Nd Add

MLS Listing ID 14447776

Sold Date 12/23/20

Bedrooms 2

Full Baths 1

HOA Y/N None

Total Fin. Sqft 11336

Year Built 1982

Annual Tax Amount $7,939

Lot Size 0.580 Acres

Acres 0.58

Property Description

THIS PROPERTY IS A PORTFOLIO SALE WITH MLS #14447780 A diamond in the rough investment property in heart of New Boston. Pepper Tree apartments is a Value add investment opportunity that has consistently maintain over 95% occupancy and is minutes away from interstate 30 and major shopping. This 24 units two story complex consisting of two building was built in 1982. The property feature a all 24 two bedrooms recently renovated and each individually metered for electric with surface parking. Rental increases have not been made to keep up with the market rent and the property is currently self managed.

Location

State TX

County Bowie

Direction From East Bound 1-30, exit S or state Hwy 8 and Rt on McCoy Blvd and right turn on Alford Drive

Interior

Interior Features Cable TV Available

Heating Central, Electric

Cooling Central Air, Electric

Appliance Dishwasher, Disposal, Electric Range, Refrigerator

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water, Concrete

Roof Type Composition

Parking Type Common, Unassigned

Total Parking Spaces 30

Garage No

Building

Story Two

Foundation Slab

Structure Type Siding,Stucco,Wood

Schools

Elementary Schools Crestview

Middle Schools New Boston

High Schools New Boston

School District New Boston Isd

Others

Ownership Contact Agent

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Emmanuel Ikharebha • Coldwell Banker Realty
Bought with Emmanuel Ikharebha • Coldwell Banker Realty

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Kevin Sawatsky

Broker | License ID: 0671477

+1(903) 624-1474

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