1201 S Travis Street Sherman, TX 75090

Incredibly well maintained investment property for the investor looking to purchase an asset in a fantastic rental market. Each side has 2 bed and 1 bath and side A is leased at $875mo and side B for $825mo, yielding a gross income of $20400 a year which can equate to a 7.5% cap rate. Both units are fully electric, have individual water and electric meters and have separately fenced back yards . Excellent location close to downtown Sherman and the development taking place at highway 75 and 1417. Side A has been fully remodeled and side B is in great condition. Owner has always had steady tenants and has been proactive to maintained the property when needed. Side B will be coming up for lease in September.