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$550,000

Added 2 months ago

503 Morris St, Terrell, TX

Real Estate

For Sale

Listed price in listed location currency (USD).
$550,000

Added 2 months ago

88-8
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes $6,043
Days Active 50
Lot Size 
Approx. Age 1972
MLS® Number 20899506

Property Address: 503 Morris St, Terrell, Texas

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

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.
MLS® Number20899506
Laundry Level
Central VacNo
FireplaceNo
Acreage0.196
Exterior
GarageNo
Approx. Age1972
Basement
DrivewayOn Site, Parking Lot
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

Extras

503 Morris St, Terrell, TX

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