Bonham, TX 75418 400-414 E 7th Street
$570,000
35 more
Presented By: Marilyn Kittrell with M Kittrell Properties, INC; 214-412-7303
Beds • 6
Full/Half Baths • 4 / 2
SQFT • 2,800
Garage • 1
Home Details
7 Building Duplex complex - Each 2 unit complex available for $570,000 or purchase the entire 7 Bldg Investment. New construction completed July 2024. Each unit is 2 story, 3 bed, 2.5 bath, 1400sf. Photos accurately depict finish out. Fully equipped with stainless steel Energy Star appliances, including refrigerator and washer~dryer. Located in Opportunity Zone in the heart of Bonham, TX. A short walk from city center, city hall, the police station, fire station, and school district. Within commuting distance (20~30 min) of Texas Instruments $30 billion dollar semiconductor manufacturing campus, Globa lWafers $5 billion silicon wafer factory, and Texas’ newest lake ~ Bois D'Arc Lake. Located along the path of development for both Hwy 75 and Hwy 78, Bonham is less than an hour from Lake Texoma and the State of Oklahoma. Project completed summer of 2024 and anticipate fully leased by summer of 2025, if not sooner. Located in Opportunity Zone.
Presented By: Marilyn Kittrell with M Kittrell Properties, INC; 214-412-7303
Interior Features for 400-414 E 7th Street
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths2
Total Baths6
Other Interior Features
Unit Count2
Lock Box TypeSee Remarks
FlooringCarpet, Luxury Vinyl Plank
Interior FeaturesCable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Walk-In Closet(s)
Total Units2
General for 400-414 E 7th Street
# of Buildings7
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Capitalization Rate5.94
CityBonham
Complex Name400-414 E 7th St
Construction MaterialsSiding
CoolingCeiling Fan(s), Central Air, Electric
CountyFannin
DirectionsGPS to Bonham. Use 400 E 7th St. GPS may be slightly off as address is new, but follow 7th St east of Hwy 78 to 7 unit duplex complex.
Elementary SchoolFinleyoate
Elementary School NameFinleyoate
Full Baths4
Gross Annual Expenses6100.00
HOA TypeNone
HeatingCentral, Electric
High SchoolBonham
Insurance Expense850
Junior High SchoolRather
LevelsTwo
Number of Garage Spaces1
Operating Expense IncludesInsurance, Other
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictBonham ISD
Standard StatusActive
StatusActive
Subdivision NameInglish Add
Unexempt Taxes6100
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2024
Year Built DetailsNew Construction - Complete
Exterior for 400-414 E 7th Street
Attached Garage Y/NYes
Building Area Total2800.00
Covered Spaces1
FencingBack Yard, Wood
Foundation Slab
Garage Y/NYes
Lot Size Acres1.5370
Lot Size Area1.5370
Lot Size Square Feet66951.7200
Lot Size UnitsAcres
Parking FeaturesGarage, Garage Door Opener, Garage Faces Front, Garage Single Door
Additional Details
Price History
Schools
Elementary School
Finleyoate Elementary School
Middle School
N/A
Rodney Edwards
Associate Broker