8 Beds
4 Baths
4,188 SqFt
8 Beds
4 Baths
4,188 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,188 sqft
Price per Sqft $100
Subdivision R13381
MLS Listing ID 20887433
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1973
Annual Tax Amount $8,593
Lot Size 0.637 Acres
Acres 0.637
Property Sub-Type Triplex
Property Description
If you are looking to add to your portfolio, then take a look at this oversized, cash flowing property boasting 4,188 square feet over 3 units. This triplex was renovated in 2022 (including roof) and since then the property has had updated plumbing, electrical, paint, made up to code for tenants to lease and many more updates that have receipts. Unit 512 has all new vinyl plank flooring throughout and a completely new bathroom, including shower, tub, vanity and toilet. Units 510 and 512 are currently leased and Unit 514 is now listed for lease after tenant moved out. All units combined leased for $4,075 when fully occupied. There is also room to increase rents going forward. Unit 510 (1,087 square feet) has 2 beds and 2 baths with an attached carport. Unit 512 is the largest unit at 1,775 square feet. This unit has 3 traditional bedrooms and 2 large living areas (the previous tenant used the second living area as a 4th bedroom with its huge closet) and 1 larger bathroom. Unit 514 (1,245 square feet) has 2 bedrooms and 1 bathroom and has a more open floorplan. There are 3 covered parking spaces and 3 additional uncovered parking spaces. Each unit has an assigned covered and uncovered parking space. The backyard is massive and has plenty of room to add additional units for future growth, as it has access to the road. Due to the property only having 1 water meter, the owner has been paying for water, sewage and trash. This can be solved by installing separate submeters and then having tenants paying for all utilities. Tenants pay for electric and internet. There is a community park and community pool within walking distance right across highway 80. The listing agent is also the owner.
Location
State TX
County Van Zandt
Direction See GPS
Interior
Interior Features Built-in Features, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
Heating Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Luxury Vinyl Plank
Fireplace No
Appliance Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Exterior
Parking Features Attached Carport, Additional Parking, Concrete, Covered, Carport, Detached Carport, Driveway, No Garage
Carport Spaces 3
Fence None
Pool None
Utilities Available Electricity Connected, Sewer Available, Water Available, Cable Available
Water Access Desc Public
Roof Type Composition,Shingle
Street Surface Asphalt
Porch Covered
Total Parking Spaces 6
Garage No
Private Pool No
Building
Lot Description Back Yard, Lawn, Landscaped, Few Trees
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Grandsalin
Middle Schools Grandsalin
High Schools Grandsalin
School District Grand Saline Isd
Others
Tax ID R000013381
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20887433
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