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302 Mill Street , 1-4

Lone Oak, TX 75453
  • $615,000
  • STATUS: Active Contingent
  • ON SITE: 206 days
  • ID#: 14468291
Under Contract
UPDATED: 202 min ago
$615,000
  • 12
    BEDS
  • 0.31
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2020
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Connie Goodrich of Keller Williams No. Collin Cty.

Description

100% LEASED - STRONG CASHFLOW! Turnkey 4Plex investment! Great Multifamily product to get started or add quality units to your rental portfolio. Brand NEW Quad 2 story building in Lone Oak, TX right in the heart of growing Hunt County! Close to Greenville, HWY 69 and I-30. Great infill site with full concrete parking lot, drainage and ADA ramp! All units 3Bed - 2Bath 1,356 sqft with all new appliances! Expansive layout, durable flooring, granite countertops, and quality light fixtures. New structure = low expenses! Sprinkler system and low maintenance landscaping! Huge floorplans with additional 22 sqft of storage! Strong cap rate and local market appreciation!

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© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-06-17T23:40:12.297.
www.homesbylainie.com/homes/112145172
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302 Mill Street , 1-4 Lone Oak, TX 75453

  • Price: $615,000
  • Status: Active Contingent
  • Updated: 202 min ago
  • ID#: 14468291
12
Beds
8
Baths
0
½ Baths
0.31
Acres
2020
Built
Neighborhood:
Original Town of Lone Oak
County:
Hunt
Area:
Hunt County
Elementary School:
Loneoak
Middle School:
Loneoak
High School:
Loneoak
School District:
Lone Oak ISD
Property Description
100% LEASED - STRONG CASHFLOW! Turnkey 4Plex investment! Great Multifamily product to get started or add quality units to your rental portfolio. Brand NEW Quad 2 story building in Lone Oak, TX right in the heart of growing Hunt County! Close to Greenville, HWY 69 and I-30. Great infill site with full concrete parking lot, drainage and ADA ramp! All units 3Bed - 2Bath 1,356 sqft with all new appliances! Expansive layout, durable flooring, granite countertops, and quality light fixtures. New structure = low expenses! Sprinkler system and low maintenance landscaping! Huge floorplans with additional 22 sqft of storage! Strong cap rate and local market appreciation!
Exterior Features

Construction Frame/Brick TrimRock/StoneSiding Exterior Features BalconyCovered Porch(Es)GuttersLighting SystemPatio CoveredSeparate Entry QuartersSprinkler System Fence Partially FencedWood Foundation Slab Lot Description Interior LotLandscaped Lot Dimensions 103 X 135 X 99 X 135 Parking Or Garage Common LotOpen Parking Spaces 11 Pool On Property No Roof Composition Waterfront YN No

Interior Features

Energy Efficiency Ceiling FansDouble Pane WindowsElectric Water HeaterProgrammable Thermostat Fireplaces 0 Flooring Ceramic TileLuxury Vinyl Plank Handicap YN No Heating Central Air-ElecCentral Heat-Elec Interior Features High Speed Internet AvailableWindow Coverings Kitchen Equipment Built-In MicrowaveDishwasherDisposalRange/Oven-ElectricRefrigeratorVent MechanismWater Line To Refrigerator Sq Ft Building 5424

Property Features

Accessibility Features Hand RailsRamp Alarm Or Security Type Carbon Monoxide DetectorFire/SmokeSmoke Detector Building Area Source Building Plan Buildings 1 Complex Name Mill Street Apts Construction Status New Construction - Complete Gross Annual Expenses 13000 Gross Annual Income 61200 HOA None Insurance Expense 1250 Municipal Utility District No Net Annual Income 45950 Occupancy Rate 100 Planned Development No Possession Lease OutstandingNegotiable Property Type Mul-Fourplex Special Notes Survey Available Tenancy No SubleaseWritten Application Only Total Annual Expenses Include InsuranceTaxes Unit Count 2 Utilities City SewerCity Water Will Subdivide No

Listing information © 2021 North Texas Real Estate Information System.


© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-06-17T23:40:12.297.
 
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Homes By Lainie Real Estate Group
421 Hwy. 120 West
Pottsboro TX, 75076
Offered by Connie Goodrich of Keller Williams No. Collin Cty.