503 Morris Street new Save Request In-Person Tour Request Virtual Tour
Terrell,TX 75160
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Terrell Rev
MLS Listing ID 20899506
Bedrooms 8
Full Baths 6
Half Baths 2
HOA Y/N None
Total Fin. Sqft 1632
Year Built 1972
Annual Tax Amount $6,043
Lot Size 8,537 Sqft
Acres 0.196
Property Sub-Type Quadruplex
Property Description
100% occupied 4plex for sale in Terrell, Tx! $4,520 in gross monthly rents + 300 in water bill-backs equals 4,820 in total gross monthly income with room to increase on upcoming renewals. All 2 bed units. Unit 1 lease end date is 6-27-25, Unit 2 lease end date 7-31-25, Unit 3 lease end date 3-31-26, Unit 4 lease end date 6-30-25. Spacious living areas greet you upon entry. Flows seamlessly into your L-shaped Kitchen with plenty of storage and c-top space! Both Bedrooms are a good size! Electric is separately metered and paid by tenants. Water is one meter and paid by owner. Water bill-backs in place to help off-set this cost.
Location
State TX
County Kaufman
Direction Property is on Morris on the left.
Interior
Interior Features Cable TV Available,High Speed Internet Available,Other
Heating Central
Cooling Central Air
Flooring Other
Appliance Other
Heat Source Central
Exterior
Utilities Available City Sewer,City Water
Roof Type Composition
Garage No
Building
Story Two
Foundation Other
Level or Stories Two
Structure Type Other
Schools
Middle Schools Furlough
High Schools Terrell
School District Terrell Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20899506