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115, 117 & 117.5 E Tennie

Gainesville, TX 76240
  • $329,000
  • STATUS: Active Contingent
  • ON SITE: 233 Days
  • MLS #: 20517860
Under Contract
$329,000
  • 5
    BEDS
  • 0.31
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Nev Hewitt-Patterson of RE/MAX Signature Properties: 903-200-5550.

Description

THREE INCOME PRODUCING RENTALS IN ONE PROPERTY! Investors are you looking for properties that will generate income immediately? This is a perfect opportunity for you. In the heart of Gainesville historical district, these properties are in an excellent area. Easy accessibility to I-35 enhances their appeal, for convenient commuting. Whether you're starting your rental portfolio or expanding it, this investment is in a historically rich location with reliable income streams. 115 Tennie is a 2-1-1, 117 Tennie is a 2-1-0 and 117.5 Tennie is 1-1-0. All 3 properties have rain gutters, solar screens and new roofs were installed May 2024. Updates include carpet, paint, doors, blinds and landscaping. One unit has a new sewer main line. Call for detailed list of updates. The 2 bedroom units have central HVAC. Each unit has spacious kitchens. They are occupied by quiet excellent tenants. 117 Tennie is vacant for showing, make appointment today to get started in a rental investment property.

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© 2024 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 The Mack Group - Fathom Realty. 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 The Mack Group - Fathom Realty 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 2024-09-14T23:42:36.437.
www.mackgroupre.com/homes/146931057
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115, 117 & 117.5 E Tennie Gainesville, TX 76240

  • Price: $329,000
  • Status: Active Contingent
  • On Site: 233 Days
  • MLS #: 20517860
5
Beds
3
Baths
0
½ Baths
0.31
Acres
1930
Built
Neighborhood:
Bell
County:
Cooke
Area:
Gainesville
Elementary School:
Chalmers
High School:
Gainesvill
School District:
Gainesville ISD
Property Description
THREE INCOME PRODUCING RENTALS IN ONE PROPERTY! Investors are you looking for properties that will generate income immediately? This is a perfect opportunity for you. In the heart of Gainesville historical district, these properties are in an excellent area. Easy accessibility to I-35 enhances their appeal, for convenient commuting. Whether you're starting your rental portfolio or expanding it, this investment is in a historically rich location with reliable income streams. 115 Tennie is a 2-1-1, 117 Tennie is a 2-1-0 and 117.5 Tennie is 1-1-0. All 3 properties have rain gutters, solar screens and new roofs were installed May 2024. Updates include carpet, paint, doors, blinds and landscaping. One unit has a new sewer main line. Call for detailed list of updates. The 2 bedroom units have central HVAC. Each unit has spacious kitchens. They are occupied by quiet excellent tenants. 117 Tennie is vacant for showing, make appointment today to get started in a rental investment property.
Exterior Features

Carport Spaces 0 Construction Siding Covered Spaces 1 Dock Permitted No Exterior Features Covered Patio/Porch Fencing Chain LinkPartialWood Foundation Pillar/Post/Pier Lot Description Corner Lot Lot Dimensions 115 x 116 Lot Size Source Public Records Parking Or Garage Garage Single DoorDriveway Parking Spaces 4 Patio And Porch Features Covered Pool On Property No Roof CompositionShingle Waterfront YN No

Interior Features

Appliances DishwasherElectric RangeGas Water HeaterMicrowaveRefrigerator Attached Garage Yes Cooling Ceiling Fan(s)Central AirElectric Fireplaces 0 Flooring CarpetLaminateVinyl Garage Yes Handicap YN No Heating CentralNatural Gas Interior Features Built-in FeaturesCable TV AvailableHigh Speed Internet Available

Property Features

Accessory Unit YN No Building Area Source Public Records Building Area Total 2052.00 Complex Name None Construction Status Preowned Gross Annual Expenses 3534.00 Gross Annual Income 32580.00 HOA None Horse Permitted No Insurance Expense 0 Intermediate School Name Lee Junior High School Name Gainesvill Lake Pump No Levels One List MLSProvider Greater Texoma Association Of Realtors Listing Terms 1031 ExchangeCashContact Agent Municipal Utility District No Net Operation Income 29046 Possession Lease Outstanding Property Type Multiple Single Units Senior Community No Tenancy No SmokingNo SubleaseNo WaterbedsPet Restrictions Unexempt Taxes 3800 Utilities AsphaltCable AvailableCity SewerCity WaterElectricity ConnectedIndividual Gas MeterIndividual Water MeterNatural Gas AvailableOverhead UtilitiesPhone Available Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 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 The Mack Group - Fathom Realty. 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 The Mack Group - Fathom Realty 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 2024-09-14T23:42:36.437.
 
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The Mack Group - Fathom Realty
6841 Virginia Pkwy #103-448
McKinney TX, 75071
Offered by Nev Hewitt-Patterson of RE/MAX Signature Properties: 903-200-5550.