Grand Saline, TX 75140,1506 N Spring Street

$385,000

Est.Price: ?

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Est. payment /mo

2 Beds

1 Bath

0.55 Acres Lot


SOLD DATE : 11/10/2022

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20136834

Sold Date 11/10/22

Bedrooms 2

Full Baths 1

HOA Y/N None

Total Fin. Sqft 3600

Year Built 1982

Annual Tax Amount $3,020

Lot Size 0.550 Acres

Acres 0.55

Property Description

INCOME PRODUCING PROPERTY. All units in this quadplex are 2 bedroom 1 bathroom with washer and dryer hookups. These units rented immediately with many applicants. The current tenants consist of mostly long-term tenants. Owner pays water and tenants pay all other bills. Multifamily investment opportunities don’t come around very often in this area. Located a little over an hour from Dallas and a little under an hour from Tyler.

Location

State TX

County Van Zandt

Direction Hwy 80 east to Grand Saline, turn left (north) on Spring St, continue about 1 mile to property on the right, no sign on property

Interior

Interior Features Built-in Features, Cable TV Available, High Speed Internet Available

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Laminate, Vinyl

Appliance Dishwasher, Electric Range

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Total Parking Spaces 8

Garage No

Building

Story One

Foundation Slab

Structure Type Brick,Wood

Schools

School District Grand Saline Isd

Others

Ownership Garmaley Holdings LLC

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Financing VA

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by William Moomaw • United Real Estate
Bought with Steavy Pruitt • Rogers Healy and Associates
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201 Calloway St, Wylie, TX, 75098, USA

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