Courtesy: Keller Williams Realty-tyler | Rob Shipley
  • Price:

    • $550,000

  • Listing #:
    • 10094806
  • Class:
    • Multi-Family
  • Status:
    • Active
  • Type:
    • Duplex
  • Apx. Sqft.:
    • 2,340
  • Sale/Rent:
    • For Sale
  • Year Built:
    • 1933
  • Elementary:
    • Caldwell Academ
  • Middle School:
    • Hogg
  • High School:
    • Robert E Lee
  • Subdivision:
    • Rowland Place
  • Address:
    • 128 Rowland
  • City:
  • County:
    • Smith
  • State:
    • TX
  • Zip:
    • 75701

Description

3 duplexes and extra lot for sale with value add opportunity! Address is 128, 130, and 132 Rowland Place. Two of the duplexes have 2 units with 2/1 in each unit. The third duplex has 2 units that are 2/1 and a third basement unit when remodeled can be made into 1 unit or possibly 2 units with the right creativity. Each unit has washer and dryer hook ups. Also, everything individually metered and tenants pay their own utilities. A recent thoroughfare closure was done on the right of way between duplex 130 and 132 and is now being platted. At least 1 extra lot possibly 2. The area is zoned R-2 (2 duplex family). Currently 6 of the 7 units are rented. Gross rent $5,030 per month. 2 inherited tenants pay $725 the other 4 pay $895. When rent in those 2 units are brought up to market rent plus adding the basement unit, gross rent potential is $6,265+ per month. Brand new privacy fence recently built behind duplexes 128 and 130.

For more information on this listing, please contact...

  • Building Details
    • Foundation:
      • - Combination
    • Under Construction:
      • - No
    • Description:
      • - Brick And Stone
  • Interior Details
    • Fireplace:
      • - None
  • Unit 1 Details
    • Unit 1 # Bedrooms:
      • - 2
    • Unit 1 # Baths:
      • - 1
  • Unit 2 Details
    • Unit 2 # Bedrooms:
      • - 2
    • Unit 2 # Baths:
      • - 1
  • Unit 3 Details
    • Unit 3 # Bedrooms:
      • - 2
    • Unit 3 # Baths:
      • - 1
  • Unit 4 Details
    • Unit 4 # Bedrooms:
      • - 2
    • Unit 4 # Baths:
      • - 1
  • Property Details
    • Zoning:
      • - Two Family Dwelling
    • Parking 2-4 Family:
      • - 1 Or More Per Unit
  • Utilities
    • Individually Metered Util:
      • - Individual Water Meters
      • - Individual Gas Meters
      • - Individual Electric Meter
    • Heating:
      • - Central Electric
      • - Central Gas
    • Cooling:
      • - Central Electric
  • Lease Details
    • Tenantpays:
      • - All Utilities
    • Owners Expenses:
      • - Taxes
      • - Insurance
  • Expenses
    • Taxes:
      • - 4367.25
    • Tax Year:
      • - 2018
  • Misc. Details
    • Available Financing:
      • - Conventional
      • - Cash

For more information on this listing, please contact...