Sherman, TX Duplexes - Cash Flow
Currently Off Market. Photos coming soon but wanted to put these out there to see if there is any interest. Primarily an income opportunity with some forced appreciation with a little updating. ARV is $180,000.
Sherman Duplexes asking $149,000 each:
Duplex #1
Both sides are 2/1/1
Side A: Vacant (Market Rent $800)
Side B: Long term tenant - Leased at $750/month
Duplex #2
Both sides are 2/2/1
Side A: Leased at $800/month
Side B: Leased at $800/month
Both Duplexes are single water meter. Each tenant pays $50/month for water. Water runs about $105/month per duplex. Other utilities are individually metered.
Offering