409 E College StreetTerrell, TX 75160

Description

OWNER FINANCING AVAILABLE! Offered at $299,900 with 10-25% down, an interest rate ranging from 6.5% to 8.5%, and 15- to 25-year term options, subject to seller approval and final negotiated terms. This two-story duplex offers a straightforward opportunity to own a two-unit residential income property in Terrell.Currently both sides are leased at $1300 per mo. Owner Pays water. One side is month to month while the other is leased through February 2027. The building includes 2,040 square feet per public records and two approximately 1,020-square-foot units. Each unit has two bedrooms and one full bath upstairs, plus a spacious living area, dining area, kitchen, laundry connections and half bath downstairs. Both units include covered rear patios and fenced yard space, while four open parking spaces provide convenient off-street parking. The property is served by city water and sewer and sits on a 0.151-acre lot. Buyer and buyer's agent to verify all property information, measurements, rental information, occupancy, expenses and final owner-financing terms.

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

1984

Building area

2,040 Sq Ft

Lot size

0.15 acres

Parking spaces

4

Days on market

18

MLS^® Listing#

21383830

Property Features

Interior

High Speed Internet

Exterior

Storage

Appliances

Electric Oven · Electric Range

Cooling

Central Air · Electric

Heating

Central · Electric

Flooring

Carpet · Vinyl

Parking

Concrete · Driveway

Fencing

Chain Link · Cross Fenced

Construction

Wood Siding

Foundation

Slab

Roof

Asphalt

Utilities

Cable Available

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Long

Middle

Furlough

High

Terrell

District

Terrell ISD

Financial Details

Annual taxes

$5,171

Parcel number

40167

Directions

Property can be found on all map apps.