Kaufman, TX 75142 301 W Chestnut Street # 1-3
$700,000
31 more
Presented By: Michelle Mikhail with Fathom Realty LLC; 888-455-6040
Beds • 10
Baths • 7
Home Details
Great residual income opportunity. Listing includes 300 W South St Address, 2 PARCELS. 7 Units 100% Tenancy. 1- Triplex with 2 beds and 1 bath each unit. 1- Quadruplex with 1 bed and 1 bath each unit. triplex and quadruplex connect via a large parking lot that is just outside each units back door. 4 of 7 units fully upgraded, all units have electric upgrades, rents ready for increases for most units. Each unit has parking and a front porch or small front yard. Once occupied units rarely become available. Most tenants have lived here for 3 plus years. Call me for an appointment to show.
Presented By: Michelle Mikhail with Fathom Realty LLC; 888-455-6040
Interior Features for 301 W Chestnut Street # 1-3
Bedrooms
Total Bedrooms10
Bathrooms
Total Baths7
Other Interior Features
Unit Count7
Fireplaces Total0
Lock Box TypeNone
Window FeaturesWindow Coverings
Basement Y/NNo
FlooringVinyl
Interior FeaturesCable TV Available
Occupancy Rate100
Total Units7
General for 301 W Chestnut Street # 1-3
# of Buildings2
Accessory Unit Y/NNo
AppliancesElectric Range, Electric Water Heater
Capitalization Rate8.36
Carport Spaces7
CityKaufman
Complex NameN/A
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyKaufman
DirectionsHwy 175 exit Washington St go east to Rand Rd turn left, Turn Right onto S Jackson St, Turn left onto W. South St.
See GPS also.
Elementary SchoolLucille Nash
Elementary School NameLucille Nash
Full Baths7
Gross Annual Expenses6660.00
HOA TypeNone
HeatingElectric, Wall Furnace
High SchoolKaufman
Insurance Expense6528
Junior High SchoolNorman
LevelsOne
Listing TermsCash, Conventional, FHA
Number of Garage Spaces0
Occupant TypeTenant
Operating Expense IncludesInsurance, Trash, Water/Sewer
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeTriplex
Property TypeResidential Income
RoofMetal
School DistrictKaufman ISD
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Subdivision NameKaufman Original
TenancyMonth to Month, Over 9 Months, Pet Restrictions
Unexempt Taxes7862
Unit Number1-3
UtilitiesAsphalt, Cable Available, City Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1980
Year Built DetailsPreowned
Exterior for 301 W Chestnut Street # 1-3
Attached Garage Y/NNo
Building Area Total2291.00
Foundation Slab
Garage Y/NNo
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.2700
Lot Size Area0.2700
Lot Size Dimensions11779
Lot Size SourcePublic Records
Lot Size Square Feet11761.2000
Lot Size UnitsAcres
Number Of Parking Spaces7
Parking FeaturesAsphalt, Common, Direct Access, Parking Lot
Patio And Porch FeaturesCovered, Front Porch
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Lucille Nash Elementary School
High School
N/A
Mec Cheney
Realtor