518 S Elm Street #B

Sherman,TX 75090

$ 150000

2 Beds

2 Baths

1780 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Option Contract

Purchase Type For Sale

Square Footage 1,780 sqft

Price per Sqft $84

Subdivision Samuel Blagg Surv Abs #56

MLS Listing ID 20748243

Style Traditional

Bedrooms 2

Full Baths 2

Year Built 1950

Annual Tax Amount $4,233

Lot Size 0.386 Acres

Property Description

Take a moment and give this investor special a quick gander. This duplex resides mere blocks away from Sherman's Historic Downtown and only 2 miles from Austin College. Currently leased with 100% occupancy and nearby amenities for tenants this is certainly a valuable asset for both landlord and tenant. When it comes to investment real estate, location really matters but so does value. The property boasts 1,780 livable square footage evenly split between the two mirrored sides. Each unit consists of a spacious living room, full kitchen with breakfast nook and panel style doors to the bedroom allowing for a studio style set up or a closed bedroom with it's own full sized bathroom.
Units have electricity separately metered, electric heating and cooling, and high speed internet available. Long term tenant loyalty has been rewarded with lower than typical rental rates, immediate value in light rehab and nominal increase or full cosmetic and significant increases.

Location

State TX

County Grayson

Rooms

Dining Room 0

Interior

Heating Central,Electric

Cooling Ceiling Fan(s),Central Air,Electric

Flooring Carpet,Wood

Exterior

Exterior Feature Covered Patio/Porch

Fence Back Yard,None

Utilities Available Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Individual Water Meter,Sidewalk

Roof Type Composition

Building

Lot Description Few Trees,Interior Lot,Lrg. Backyard Grass

Story One

Foundation Pillar/Post/Pier

Structure Type Concrete,Wood

Schools

Elementary Schools Washington

Middle Schools Piner

High Schools Sherman

School District Sherman Isd

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Deed Restrictions

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