Sherman, TX 75092,106 W Fairview Street
$1,150,000
Est.Price: ?

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20 BD
14.5 BA
12,000 SqFt

106 W Fairview Street Sherman, TX 75092

Est. payment /mo
SOLD DATE : 05/13/2021

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $95

Subdivision Shannon W M Suppl

MLS Listing ID 14535352

Sold Date 05/13/21

Bedrooms 20

Full Baths 10

Half Baths 9

HOA Y/N None

Total Fin. Sqft 12000

Year Built 1966

Annual Tax Amount $20,758

Lot Size 6,708 Sqft

Acres 0.154

Property Description

CALLING ALL INVESTORS!! A rare opportunity to own multiple units in a prime west Sherman location. There are 5 duplexes fully occupied plus a large garage for storage or potential for additional income. Each building is 2,400 square feet, 1,200 per unit with 2 bedrooms, 1.5 bathrooms and the kitchens come fully equipped with all appliances. Current pro forma rent roll is $10,000+ per month. Roof replaced in 2019. Each bedroom has a balcony, 8 covered parking spots, each unit has washer and dryer hook ups. Tenant pay gas and electric, owner pays water and yard mowing. Huge upside on rental income and property value, don't miss this chance to own property in this growing market!

Location

State TX

County Grayson

Direction at the corner of N Travis St and W Fairview St across from Albertsons; GPS is accurate

Interior

Interior Features Cable TV Available, High Speed Internet Available

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Carpet, Ceramic Tile, Vinyl

Appliance Dishwasher, Disposal, Electric Range, Microwave, Refrigerator

Heat Source Central, Natural Gas

Exterior

Exterior Feature Balcony, Covered Patio/Porch, Rain Gutters, Storage

Utilities Available City Sewer, City Water

Roof Type Composition

Total Parking Spaces 10

Garage No

Building

Story Two

Foundation Slab

Structure Type Brick,Siding

Schools

Elementary Schools Fairview

Middle Schools Piner

High Schools Sherman

School District Sherman Isd

Others

Ownership Ramesh Menon

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Bill Westhoff • C-21 DEAN GILBERT, REALTORS
Bought with Kimberly Christensen • EXP REALTY

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Meredith Johnson

Agent | License ID: 995690239

+1(318) 426-6120

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