UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision College Park Add
MLS Listing ID 20946182
Bedrooms 2
Full Baths 1
HOA Y/N None
Total Fin. Sqft 1693
Year Built 2000
Lot Size 0.895 Acres
Acres 0.8955
Lot Dimensions 300x130
Property Sub-Type Duplex
Property Description
Located at 1014, 1018, 1022, 1026, and 1030 W Coffin Street, this stabilized asset generates approximately $12,475 per month in gross rental income, with one unit currently vacant and listed for lease. Residents pay all utilities and maintain their own yards, helping to keep operating costs low.
All five duplexes have been professionally managed by Milestone Premier Properties since acquisition and have a consistent history of high occupancy and strong rent collection. Management continuity may be available to the next owner.
Recent improvements include interior paint, carpet, vinyl flooring, fixture updates, appliance replacements, HVAC service and replacements (most units updated in 2019), and roofs installed by the previous owner between 2016 and 2017. Full lease agreements will be made available during the feasibility period.
The portfolio is being offered as a package, but each duplex will also be listed individually. Buyer to verify all information.
Location
State TX
County Grayson
Direction From US-75, take Exit 66 toward Morton St. Head west on W Morton St, then turn left onto S Scullin Ave. Continue for about half a mile, then turn right onto W Coffin St. The duplexes are located at 1014, 1018, 1022, 1026, and 1030 W Coffin St.
Interior
Interior Features Cable TV Available, High Speed Internet Available
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Ceramic Tile
Appliance Dishwasher, Disposal, Electric Range, Microwave
Heat Source Central, Electric
Exterior
Garage Spaces 1.0
Fence Back Yard, Chain Link
Utilities Available City Sewer, City Water, Electricity Connected, Individual Water Meter
Roof Type Composition,Shingle
Total Parking Spaces 1
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Siding
Schools
Elementary Schools Hyde Park
Middle Schools Henry Scott
High Schools Denison
School District Denison Isd
Others
Ownership Of record
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Aerial Photo, Survey Available
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20946182
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Therese Johnson
Broker Associate | License ID: 0634934
Broker Associate License ID: 0634934