bedrooms
8
bathrooms
4
square feet
0
Acreage
0.637
Open Houses
-
year built
1973
Full Baths
4
Half Baths
0
***TRIPLEX***TURNKEY RENTAL PROPERTY***INCOME PRODUCING***
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 514 are currently leased and Unit 512 was just renovated and is now listed for lease. All units combined leased for $4,100 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 | |
Subdivision | R13381 |
County | Van Zandt |
Elementary School | Grandsalin |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 20887433
Listing agent:
Kyle Funk
#0699555
Listing broker:
First In Realty
(214) 202-1122
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Saturday, April 5 2025 at 5:23 a.m. EDT
Kotohomes National
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