Paris, TX 75460 2180 E Cherry Street
$397,000
4 more
Presented By: Sam Winkles with Fathom Realty, LLC; 940-435-4696
Beds • 11
Baths • 11
SQFT • 6,044
Home Details
This property features 11 well maintained 1-bedroom, 1-bathroom units spread across three separate buildings, ensuring diverse tenant appeal and steady rental income. Adding further value, the property comes with an extra estimated 2.3 acres and boasts a large barn-shop-storage structure, perfect for extra storage, workshops, or other creative uses.
Tenants are Responsible for electricity and Owner covers water, trash, and gas.
Whether you're an experienced investor or looking to expand your portfolio, this property offers exceptional value with room to grow. Don’t miss out on this rare chance to own a versatile and income-producing asset in a prime location.
Schedule your showing today!
Presented By: Sam Winkles with Fathom Realty, LLC; 940-435-4696
Interior Features for 2180 E Cherry Street
Bedrooms
Total Bedrooms11
Bathrooms
Total Baths11
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, Laminate, Vinyl, Wood
Heating Y/NYes
Interior AmenitiesCableTv
General for 2180 E Cherry Street
Additional Parcels Y/NNo
AppliancesElectricRange, GasRange, Refrigerator
Attached Garage No
AttributionContact940-435-4696
Cap Rate11.99
Carport Y/NNo
CityParis
Construction MaterialsWoodSiding
CoolingWindowUnits
CountyLamar
DirectionsGPS will take you right to it, but it's about 2 blocks off of NE 20th on the south side of the street.
Electric On Property Y/NNo
Elementary SchoolAiken
Elementary School DistrictParis ISD
Full Baths11
Garage Y/NNo
Gross Income60264.0
HOANo
HeatingOther, SpaceHeater
High SchoolParis
High School DistrictParis ISD
Home Warranty Y/NNo
Insurance Expense1246.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCITY OF PARIS, BLOCK 257, LOT 2, 2180 E CHERR
LevelsOne
Lot Size Square Feet144619.2
Lot Size UnitsAcres
Middle/Junior School DistrictParis ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-02-20T20:11:22.967-00:00
Net Operating Income47618.0
New ConstructionNo
Number Of Units Total11
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameCity Of Paris
Tax Annual Amount1869.0
Tax Lot2, 3&9
UtilitiesSewerAvailable, WaterAvailable, CableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1965
Year Built DetailsPreowned
Exterior for 2180 E Cherry Street
Building Area Total6044.0
Crops Included Y/NNo
Foundation DetailsPillarPostPier, Slab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesAcreage, InteriorLot, FewTrees
Lot Size Acres3.32
Lot Size Area3.32
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesOnSite, OffStreet
SpaNo
Total Parking11.0
Water SourcePublic
Additional Details
Price History
Schools
Elementary School
Aiken Elementary School
High School
Paris High School
Middle School
N/A
Katie Edwards
Realtor