518 S Elm Street #B

Sherman, TX 75090
$150,000
2 beds | 2 baths | 0.39 acres | #20736409

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.

  • Property Details
      • Interior:Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Open Floorplan
      • Bedrooms:2
      • Bathrooms:2
      • Full Baths:2
      • Lot description:Few Trees, Interior Lot, Lrg. Backyard Grass
      • Exterior materials:Covered Patio/Porch
      • Acres:0.3860
      • Property type:Multi-Family
      • Year built:1950
      • Foundation:Pillar/Post/Pier
      • Utility features:Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk
      • Subdivision:Samuel Blagg Surv Abs #56
      • School district:Sherman ISD
      • Elementary School:Washington
      • County:Grayson
      • MLS #:20736409
      • Cost:150000
      • Property subtype:Duplex
      • MLS #:20736409

Location

Brenda MancilBrenda Mancil REALTOR®
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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