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Listed price in listed location currency (USD).
$735,000

1288

MLS® 21343744

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 5000 sqft
Garage No
Taxes $16,252
Days Active 17
Lot Size 0.5690000057220459 Acres
Approx. Age 2020
Avg. Price Per Sqft $147
MLS® Number 21343744

Property Address: 139-131-139 Houston St, Italy, TX, 76651-4052

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 4-unit multi-family built in 2020 — two side-by-side duplexes, all four units 3 bedroom, 2 bath at 1, 250 SF each. Fully occupied with professional management in place. Gross annual income of $74, 440 with a 9.87 gross income multiplier. The 3-bedroom unit mix is rare in this market and drives both higher rents and longer tenancies. Tenants pay all utilities — every unit is separately metered for electric, water, sewer, and trash. Owner expenses are limited to taxes, insurance, lawn care, and management. Sitting on 0.569 acres complete with parking and easy I-35 access linking to Waxahachie, Hillsboro, and DFW. Ideal 1031 exchange replacement property.
MLS® Number21343744
Laundry Level
Central VacNo
FireplaceNo
Acreage0.569
Exterior
GarageNo
Approx. Age2020
Basement
DrivewayDriveway, Shared Driveway
Garage Spaces0
HeatCentral, Electric
A/CCentral Air, Ceiling Fans, Electric

Extras

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