Income producing opportunity. 3 bed, 2.5 bath main house with 2 separate efficiency apartments - all leased for $2,275 a month total. 1.85 acres, zoned R2 (Commercial Multi Family). Main house has formal living room, open concept family, dining & kitchen. Built-in buffet. Heated-cooled sunroom. Living room could be 4th bed with closet addition. Currently rented for $1,500 a month plus utilities, expires June ’24. Apts have separate parking, gas & electric meters, bath, range, fridge & new mini-splits (June ’23). Washer-dryer in 1 unit. Steady college student occupancy - $400 & $375 a month plus utilities, month to month leases. 1 water meter at main house. 20x30 white storage building next to apts could be converted into efficiency apt. 2nd white storage building with outdoor covered area - 12x40 slab. 3rd 15x20 red storage building next to apts. Appliances, main house dining set & bar chairs included. Will come with 1yr AHS warranty with favorable offer. Bldgs are not in a flood zone.
Listing courtesy of Michael Salter from Century 21 Elite. Contact: 318-868-3600
Selling Office: Keller Williams Northwest.
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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