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611 E Highway 11 Tom Bean, TX 75489
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Bartlett Annibal Surv Abs #12
MLS Listing ID 20168896
Sold Date 10/14/22
Bedrooms 6
Full Baths 3
Half Baths 1
HOA Y/N None
Total Fin. Sqft 2711
Year Built 1960
Annual Tax Amount $3,476
Lot Size 0.640 Acres
Acres 0.64
Property Description
INVESTOR SPECIAL! Great income producing TRI PLEX right outside of the rapidly growing Sherman area. NOI $21,164.00 puts this property at an 8.5% CAP rate, perfect add to any size portfolio. New refrigerators in each unit will convey, new HEAT and COOL air conditioning units installed in each unit, and new fixtures in each unit. Recent improvements include fresh paint, roof repairs, and soffit + facia repairs. Don't miss out on this great investment opportunity.
Location
State TX
County Grayson
Direction refer to GPS, right off Hwy 11.
Interior
Interior Features High Speed Internet Available
Heating Electric
Cooling Wall/Window Unit(s)
Appliance Dishwasher, Electric Range, Refrigerator
Heat Source Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Parking Type Direct Access, Open, Outside, Parking Lot
Total Parking Spaces 8
Garage No
Building
Story One
Foundation Slab
Structure Type Block,Concrete,Wood
Schools
School District Tom Bean Isd
Others
Ownership or record
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
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Bought with Brandan Bednarz • New Western Acquisitions
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