107 E 11th Active Save Request In-Person Tour Request Virtual Tour
Kemp,TX 75143
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,336 sqft
Price per Sqft $141
Subdivision Kemp
MLS Listing ID 20968060
HOA Y/N None
Total Fin. Sqft 1336
Year Built 1900
Lot Size 1,337 Sqft
Acres 0.0307
Property Sub-Type Duplex
Property Description
Great investment opportunity in Kemp. This renovated duplex is fully occupied and producing steady rental income. Each side offers 2 bedrooms and 1 bath with modern updates and reliable tenants in place.
Unit 1 rent: $1,000 per month
Unit 2 rent: $1,135 per month
Total gross income: $25,620 annually
Net income: $21,630 annually
Cap rate: 10.87 percent
No HOA
This property offers immediate cash flow and is a solid addition to any rental portfolio.
Location
State TX
County Kaufman
Direction Head east on US-175 E from Kaufman. Continue on US-175 E for approximately 11 miles. Take the Kemp Business exit. Turn right onto E 11th St. The destination will be on your right at the corner of E 11th St and Elm St
Interior
Interior Features Other
Heating Propane
Cooling Wall/Window Unit(s)
Flooring Laminate
Appliance Electric Oven
Heat Source Propane
Exterior
Utilities Available City Sewer,City Water
Roof Type Composition
Garage No
Building
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Vinyl Siding
Schools
Elementary Schools Kemp
High Schools Kemp
School District Kemp Isd
Others
Ownership MASCHKOWSKI ABRAHAM & YUKO
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20968060