107 E 11th, Kemp, TX 75143

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List Price
$169,000
Price Change
▼ $20,000 1788567325
MLS#
21259445
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1900
Construction Status
Preowned
Bedrooms
4
Full Baths
2
Acres
0.17
County
Kaufman
City
Kemp
Subdivision
Kemp Original Town
Building Name
107 E 11th Street

Property Description

Turnkey income property on a 0.171-acre corner lot at E 11th St & S Elm St in Kemp. Two detached, renovated 2 bed, 1 bath homes, both leased. Updates include wood-look laminate flooring, updated kitchens with stainless appliances, fresh paint and new lighting. Current rents: Unit 1 $1,000 per month and Unit 2 $1,135 per month, for $25,620 gross annual income. Covered carport parking, city water and sewer, no HOA, and not in a flood zone (Zone X per 2021 survey). Survey available in supplements. Quick access to US-175, about 11 miles from Kaufman. Tenant occupied, showings by appointment only. Please do not disturb tenants.

Additional Information

Lot Size
7,439
Acres
0.17
Interior Features
Other
Flooring
Laminate
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
1
Pool Features
None
Parking Garage
Covered
School District
Kemp Isd
Elementary School
Kemp
Middle School
Kemp
High School
Kemp
Possession
SubjectToTenantRights

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Nir Sheinbein from Texas Ally Real Estate Group. Contact: 858-539-5219

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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