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Linda Peterson

[email protected] +1(817) 829-3000

$735,000

Est. payment - /mo

12 Beds

8 Baths

5,000 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Subdivision E D Harrsion

MLS Listing ID 21343744

Bedrooms 12

Full Baths 8

HOA Y/N None

Total Fin. Sqft 5000

Year Built 2020

Annual Tax Amount $16,252

Lot Size 0.569 Acres

Acres 0.569

Property Sub-Type Quadruplex

Property Description

Turnkey 4-unit multi-family built in 2020 — two side-by-side duplexes, all four units 3 bedroom, 2 bath at 1,250 SF each. Fully occupied with professional management in place. Gross annual income of $74,440 with a 9.87 gross income multiplier. The 3-bedroom unit mix is rare in this market and drives both higher rents and longer tenancies. Tenants pay all utilities — every unit is separately metered for electric, water, sewer, and trash. Owner expenses are limited to taxes, insurance, lawn care, and management. Sitting on 0.569 acres complete with parking and easy I-35 access linking to Waxahachie, Hillsboro, and DFW. Ideal 1031 exchange replacement property.

Location

State TX

County Ellis

Direction From 77 out of Waxachie you can take Main left to Houston

Interior

Interior Features Decorative Lighting, Eat-in Kitchen, Kitchen Island, Open Floorplan

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Laminate

Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Heat Source Central, Electric

Exterior

Fence Wood

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Stafford

Middle Schools Italy

High Schools Italy

School District Italy Isd

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21343744

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Neil Clements • Keller Williams Realty

Nearby School & Business

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Linda Peterson

+1(817) 829-3000

Broker Associate - Realtor | License ID: 0386837

Broker Associate - Realtor License ID: 0386837

131-139 Houston Street Italy, TX 76651

Linda Peterson

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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