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    503 N Virginia Street

    Terrell, TX 75160
    • $299,900
    • STATUS: Active
    • ON SITE: 117 days
    • MLS #: 14544015
    Price Reduced
    UPDATED: 42 min ago
    $299,900
    • 6
      BEDS
    • 0.34
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Sherry Patterson of Aspire Investments Llc.

    Description

    Great investment property! Stays 100% leased. Must be a cash offer. This fourplex is historic and could be beautiful with a little work. Downstairs units are 2 bed 1 bath with unit A leased for $900 Aug. 21, B is a long time tenant leased for $825 Oct. 21, C is m-m paying $800 including the use of the back building & D is vacant & needs work. Unit D has not been updated and is the only unit for showing. Being sold AS-IS. With a bit of work rents should be $3600 a month or higher. Some electrical, plumbing, & updates done.

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    © 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Robbins Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Robbins Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-07-27T12:40:17.23.
    www.teamrobbins.com/homes/115642665
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    503 N Virginia Street Terrell, TX 75160

    • Price: $299,900
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 14544015
    6
    Beds
    4
    Baths
    0
    ½ Baths
    0.34
    Acres
    1920
    Built
    Neighborhood:
    Terrell Rev
    County:
    Kaufman
    Area:
    Kaufman County
    Elementary School:
    Long
    Middle School:
    Furlough
    High School:
    Terrell
    School District:
    TERRELL ISD
    Property Description
    Great investment property! Stays 100% leased. Must be a cash offer. This fourplex is historic and could be beautiful with a little work. Downstairs units are 2 bed 1 bath with unit A leased for $900 Aug. 21, B is a long time tenant leased for $825 Oct. 21, C is m-m paying $800 including the use of the back building & D is vacant & needs work. Unit D has not been updated and is the only unit for showing. Being sold AS-IS. With a bit of work rents should be $3600 a month or higher. Some electrical, plumbing, & updates done.
    Exterior Features

    Construction SidingWood Exterior Features BalconyCovered Porch(Es) Foundation Pier & Beam Lot Description Interior LotSome Trees Parking Or Garage Open Parking Spaces 8 Pool On Property No Roof Composition

    Interior Features

    Energy Efficiency Attic FanCeiling FansElectric Water Heater Fireplaces 0 Flooring CarpetCeramic Tile Handicap YN No Heating Space HeaterWindow Unit Interior Features Other Kitchen Equipment Oven-ElectricRefrigerator Sq Ft Building 3458

    Property Features

    Building Area Source Tax Buildings 1 Complex Name None Construction Status Preowned Gross Annual Expenses 6000 Gross Annual Income 39900 HOA None Insurance Expense 1837 Municipal Utility District No Net Annual Income 32063 Possession Closing/Funding Property Type Mul-Fourplex Unexempt Taxes 5326 Unit Count 2 Utilities City SewerCity Water Will Subdivide No

    Listing information © 2021 North Texas Real Estate Information System.


    © 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Robbins Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Robbins Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-07-27T12:40:17.23.
     
    https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14544015-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14544015-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14544015-2.jpg
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    Robbins Real Estate Group
    1920 McKinney Ave WeWork/Robbins Real Estate Group
    Dallas TX, 75201
    Offered by Sherry Patterson of Aspire Investments Llc.