115, 117 & 117.5 E Tennie

Gainesville, TX 76240
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For Sale
Under Contract - OP
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5 Bedroom(s)
3 Full Bath(s)
0.31 Lot Acres
Multi-Family - 5 Plus

Audio narrative

Description

Investors are you looking for 3 tenant occupied properties that will generate income immediately? This is a perfect opportunity for you. All 3 of these properties are occupied, currently producing over $32,000 in gross income. In the heart of Gainesville historical district, these properties are in an excellent area. Easy accessibility to I-35 enhances their appeal, facilitating convenient commuting. Whether you're starting your rental portfolio or expanding it, this investment in a historically rich location with reliable income streams presents a promising prospect. There is one home with 2 bedrooms 1 bath and a 1 car garage. The second home is 2 bedroom 1 bath with no garage. The third property is a 1 bedroom 1 bath. The 2 bedroom units have central heat hvac, spacious kitchens and 728 sq feet. Since these are tenant occupied, you will need to have proof of funds and financing preapproval available for verification prior to showing. Call agent or your local agent for more info.

MLS#
NTREIS-20517860
List Price
$329,000
Listing Status
Under Contract - OP
Address
115, 117 & 117.5 E Tennie
State
TX
Zip Code
County
Subdivision
Bell
Property Type
Multi-Family - 5 Plus
Bedroom
5 Bedroom(s)
Bath
3 Full Bath(s)
Garages
1 / Attached
Stories
1
Year Built
1930 /Appraisal District
Lot Size
0.31 Lot Acres/PUBREC

Exterior

Roof
Composition, Shingle
Foundation
Pillar/Post/Pier
Private Pool
No
Exterior Type
Siding
Lot Description
Corner Lot
Parking
Garage Single Door, Driveway
Parking Space
Garage 1 / Carport 0 / Total Covered 1
Fencing
Chain Link, Partial, Wood
Porch
Covered
Utility
Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Overhead Utilities, Phone Available
Exterior
Covered Patio/Porch

Interior

Floors
Carpet, Laminate, Vinyl
Cooling
Central Air
Heating
Central, Natural Gas
Appliances
Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
Interior
Built-in Features, Cable TV Available, High Speed Internet Available

Lot information

Lot Size
0.31 Lot Acres /PUBREC
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Lake Pump
No

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Estimated Monthly Payments

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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

North Texas Real Estate Information Systems, Inc.
Source last updated May 10, 2024 at 12:08 PM
Listing last updated May 10, 2024 at 11:58 AM
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115, 117 & 117.5 E Tennie, Gainesville, TX 76240. View photos, map, tax, nearby homes for sale, home values, school info...

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