505 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 20899550
Bedrooms 4
Full Baths 4
HOA Y/N None
Total Fin. Sqft 1200
Year Built 1983
Annual Tax Amount $5,156
Lot Size 3,005 Sqft
Acres 0.069
Property Sub-Type Quadruplex
Property Description
100% occupied 4plex for sale in Terrell, Tx! All 1 bed 1 bath 600 sq. ft units. $3,950 in monthly gross rents + $165 in monthly water bill-backs equals $4,115 in gross monthly income. Unit 5 lease end date 8-31-25, Unit 6 lease end date 7-31-25, Unit 7 lease end date 6-30-25, Unit 8 lease end date 6-30-25. Electricity is separately metered and paid by the tenants. Water is one meter and paid by the owner. Water bill-backs in place to help off-set that cost. Spacious living area greets you upon arrival. Flows into your functional galley Kitchen with ample storage and c-top space! Rare oppourtunity to purchase a 100% occupied duplex at this price-point.
Location
State TX
County Kaufman
Direction Property 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/20899550