503 Morris Street new

Terrell,TX 75160

$ 550000

8 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Terrell Rev

MLS Listing ID 20899506

Bedrooms 8

Full Baths 6

Half Baths 2

Year Built 1972

Annual Tax Amount $6,043

Lot Size 8,537 Sqft

Property Sub-Type Quadruplex

Property Description

100% occupied 4plex for sale in Terrell, Tx! $4,520 in gross monthly rents + 300 in water bill-backs equals 4,820 in total gross monthly income with room to increase on upcoming renewals. All 2 bed units. Unit 1 lease end date is 6-27-25, Unit 2 lease end date 7-31-25, Unit 3 lease end date 3-31-26, Unit 4 lease end date 6-30-25. Spacious living areas greet you upon entry. Flows seamlessly into your L-shaped Kitchen with plenty of storage and c-top space! Both Bedrooms are a good size! Electric is separately metered and paid by tenants. Water is one meter and paid by owner. Water bill-backs in place to help off-set this cost.

Location

State TX

County Kaufman

Interior

Heating Central

Cooling Central Air

Flooring Other

Exterior

Utilities Available City Sewer,City Water

Roof Type Composition

Building

Story Two

Foundation Other

Structure Type Other

Schools

Middle Schools Furlough

High Schools Terrell

School District Terrell Isd

Others

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