409 E College St, Terrell, TX 75160

List Price
$339,900
MLS#
20852104
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1984
Construction Status
Preowned
Bedrooms
4
Full Baths
2
Half Baths
2
Acres
0.15
County
Kaufman
City
Terrell
Subdivision
Terrell Original

Property Description

Two story duplex. Each unit has 2 bedrooms upstairs, one full restroom upstairs, one half bath downstairs. Large living, nice kitchen. Covered back patio with fenced yard. Open parking. Owner pays water. Owner finance is preferred. Owner will finance to qualified buyer. The preferred downpayment is 20%. The expected interest rate is between 7-10%. The note will be amortized over a 30 year term but a balloon payment will be due in 60 months. Current rent is $1,300 per side. Unit A has a new 12 month lease. Unit B is month to month but has been in the unit for many years.

Additional Information

Unexempt Taxes
$5,171
Lot Size
6,577
Acres
0.15
Interior Features
High Speed Internet, Cable TV
Flooring
Carpet, Vinyl, Vinyl
Foundation
Slab
Roof
Asphalt
Stories
2
Pool Features
None
Exterior
Storage
Parking Garage
Paved, Driveway
School District
Terrell Isd
Elementary School
Long
Middle School
Furlough
High School
Terrell
Possession
CloseOfEscrow
Possession
CloseOfEscrow
Community Features
Curbs

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Matthew Malone from Malone and Associates RE. Contact: 972-564-8800