518 S Elm Street #B, Sherman, TX 75090 - MLS#20748243

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Krista Mori

kristamori@ziglarrealty.com +1(817) 716-2955

$150,000

Est. payment - /mo

2 Beds

2 Baths

1,780 SqFt

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UPDATED:

11/04/2024 10:40 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,780 sqft

Price per Sqft $84

Subdivision Samuel Blagg Surv Abs #56

MLS Listing ID 20748243

Style Traditional

Bedrooms 2

Full Baths 2

HOA Y/N None

Year Built 1950

Annual Tax Amount $4,233

Lot Size 0.386 Acres

Acres 0.386

Property 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.

Location

State TX

County Grayson

Direction Arriving from TX HWY 75, take exit for W Cherry St. After, take a right onto S Elm St. Structure will on the right. Google and Apple Maps work as well.

Rooms

Dining Room 0

Interior

Interior Features Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Open Floorplan

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Wood

Appliance Dishwasher, Electric Oven, Electric Water Heater

Heat Source Central, Electric

Exterior

Exterior Feature Covered Patio/Porch

Fence Back Yard, None

Utilities Available Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk

Roof Type Composition

Garage No

Building

Lot Description Few Trees, Interior Lot, Lrg. Backyard Grass

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Concrete,Wood

Schools

Elementary Schools Washington

Middle Schools Piner

High Schools Sherman

School District Sherman Isd

Others

Restrictions Deed,Easement(s)

Ownership See Tax Record

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Deed Restrictions

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Josh Simmons • SWRE,INC

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Krista Mori

+1(817) 716-2955

Realtor, GRI | License ID: 0704624

Realtor, GRI License ID: 0704624