Source:
North Texas Real Estate Information Systems (NTREIS)
MLS#21402164
About the Property
Excellent investment opportunity in Princeton, TX! This duplex offers a total of 8 bedrooms, 4 full bathrooms and 2 half bathrooms, with each unit featuring 4 bedrooms, 2 full baths, 1 half bath and an attached garage. Unit 904 is currently tenant occupied at $1,800 per month. Unit 906 is also listed for lease at $1,700 per month, with active marketing underway to secure a tenant. Once both units
Excellent investment opportunity in Princeton, TX! This duplex offers a total of 8 bedrooms, 4 full bathrooms and 2 half bathrooms, with each unit featuring 4 bedrooms, 2 full baths, 1 half bath and an attached garage. Unit 904 is currently tenant occupied at $1,800 per month. Unit 906 is also listed for lease at $1,700 per month, with active marketing underway to secure a tenant. Once both units are leased at these rates, the property would generate $3,500 in monthly gross rental income, or $42,000 annually. Property features spacious floor plans, tile flooring throughout the main living areas, updated flooring upstairs, kitchens with ample cabinetry and counter space, and generous living spaces. Located in an established Princeton neighborhood with a neighborhood park and NO HOA, NO MUD and NO PID. Convenient access to local schools, shopping and major roadways. A great opportunity for an investor seeking a multifamily property with existing rental income and additional income potential. Please do not disturb tenants. Showings by appointment only. Buyer and buyer’s agent to verify all information, measurements, schools, leases, occupancy status and rental information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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