100 N 2nd Street, Crandall, Texas 75114
- $999,000
- 12
- BD
- List Price
- $999,000
- MLS#
- 20576814
- Status
- ACTIVE
- Type
- Multifamily
- Year Built
- 1987
- Construction Status
- Preowned
- Bedrooms
- 12
- Full Baths
- 6
- Acres
- 0.26
- County
- Kaufman
- City
- Crandall
- Subdivision
- Crandall Original 1
- Building Name
- Randall Arms
Property Description
An incredible opportunity to own a pristine brick building in the exploding growth area East of Dallas in heart of Crandall. This beautiful building has 6 separate apartments and strong rents that stay occupied year in and year out. All 2 bedroom apartments have separate central heat and air and attractive updates. This building generates over 80,000 dollars a year in income and property taxes are reasonable. Rents have and will continue to increase, and this will be a wonderful income-producing property for years to come. Don’t miss this opportunity!
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Additional Information
- Unexempt Taxes
- $9,687
- HOA
- No HOA
- Annual Insurance
- 6246
- Gross Annual Expenses
- 8926
- Gross Annual Income
- 82750
- Lot Dimensions
- 75x150
- Lot Size
- 11,250
- Acres
- 0.26
- Subdivided
- No
- Interior Features
- Cable TV Available, Decorative Lighting, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, Open Floorplan, Other, Walk-In Closet(s)
- Flooring
- Tile
- Foundation
- Slab
- Roof
- Composition
- Stories
- 2
- Street Utilities
- City Sewer, City Water
- Heating Cooling
- Central
- Construction Material
- Brick
- Parking Garage
- On Site, Open
- Total Num Parking
- 6
- School District
- Crandall Isd
- Elementary School
- Crandall
- Middle School
- Raynes
- High School
- Crandall
- Possession
- Closing/Funding
- Building Sq. Ft.
- 6080
- Number of bldgs.
- 1
- Number of units
- 6
- Occupancy Rate
- 100
- Tenancy
- Over 9 Months
- Possession
- Closing/Funding
- Cap Rate
- 5.79
Mortgage Calculator
Listing courtesy of Michael Reynolds from Briggs Freeman Sotheby's Int'l. Contact: 214-350-0400