Address
307 W King Street, Sherman, TX
Price
$ 480,000
Property Attributes
- MLS#20528388
- TypeMulti-Family
- CountyGRAYSON
- CitySherman
- NeighborhoodCoursier Addition
- Zip75090
- StyleQuadruplex
- Year Built1978
- Taxes$ 6992
- Price$ 480,000
- Bedrooms7
- Full Bathrooms4
- Half Bathrooms0
- Lot Size11,326 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
100% Tenant Occupied Quadraplex with new roof. Each unit is 737 sf with kitchen, washer and dryer hookups, covered rear parking with separate storage. 3 units are 2bed 1bath and 1 unit is 1bed 1bath. Do Not Disturb Tenants. Serious Inquiries Only. Preapproval or Proof of funds required prior to any viewings. Landlord also has 3 other duplexes in Sherman for sale. These can all be purchased as one portfolio or separately. This property qualifies for a free refi with Marcus Rush of Apex Funding. Flyer attached.
| Elementary School |
|---|
| Washington Elementary School |
| Price History | |
|---|---|
| 2/5/2024 | Listed $480,000 |
General Features
| Heating | Central,Natural Gas |
|---|---|
| Complex Name | N/A |
| Cooling | Central Air,Electric |
| Utilities | All Weather Road,City Sewer,City Water |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Electric Range,Gas Water Heater,Vented Exhaust Fan |
| School District | Sherman ISD |
| Capitalization Rate | 7.39 |
| Year Built | 1978 |
| Levels | One |
| Unexempt Taxes | 6992 |
| Will Subdivide | No |
| Gross Annual Expenses | 9401.00 |
| Property SubType | Quadruplex |
| Subdivision Name | COURSIER ADDITION |
| Insurance Expense | 2409 |
| Occupant Type | Tenant |
| Carport Spaces | 4 |
| County | Grayson |
| Property Type | Residential Income |
| Construction Materials | Brick |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 1 |
| Status | Active |
| Directions | GPS |
| City | Sherman |
| Buyer Agent Compensation | 2 |
| Elementary School Name | Washington |
| High School | Sherman |
| Street Name | King |
| Elementary School | Washington |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20528388 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Cable TV Available,Decorative Lighting,High Speed Internet Available |
|---|---|
| Flooring | Brick |
| Total Units | 4 |
| Unit Count | 2 |
| Full Baths | 4 |
| Lock Box Type | Blue BT LE |
| Street Suffix | Street |
| Total Bedrooms | 7 |
Exterior Features
| Lot Features | Corner Lot,Few Trees,Landscaped |
|---|---|
| Parking Features | Assigned,Attached Carport |
| Lot Size | Less Than .5 Acre (not Zero) |
| Covered Spaces | 4 |
| Foundation | Slab |
| Lot Size Area | 0.2600 |
| Number Of Parking Spaces | 4 |
| Lot Size Units | Acres |
| Building Area Total | 2947.00 |
| Lot Size Square Feet | 11325.6000 |
| Lot Size Acres | 0.2600 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 75090
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
