107 E 11th, Kemp, TX 75143
107 E 11th, Kemp, TX 75143
107 E 11th, Kemp, TX 75143
19
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$189,000
Est. payment /mo
2 Beds
1 Bath
7,440 Sqft Lot
New

107 E 11th Kemp, TX 75143

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Kemp

MLS Listing ID 21259445

Bedrooms 2

Full Baths 1

HOA Y/N None

Total Fin. Sqft 1336

Year Built 1900

Lot Size 7,440 Sqft

Acres 0.1708

Lot Dimensions 74.39 x 100

Property Sub-Type Duplex

Property Description

Great investment opportunity in Kemp. This renovated duplex is fully occupied and producing steady rental income. Each side offers 2 bedrooms and 1 bath with modern updates and reliable tenants in place.

Unit 1 rent: $1,000 per month

Unit 2 rent: $1,135 per month

Total gross income: $25,620 annually

Net income: $21,630 annually

Cap rate: 10.87 percent

No HOA

This property offers immediate cash flow and is a solid addition to any rental portfolio.

Location

State TX

County Kaufman

Direction Head east on US-175 E from Kaufman. Continue on US-175 E for approximately 11 miles. Take the Kemp Business exit. Turn right onto E 11th St. The destination will be on your right at the corner of E 11th St and Elm St

Interior

Interior Features Other

Heating Propane

Cooling Wall/Window Unit(s)

Flooring Laminate

Appliance Electric Oven

Heat Source Propane

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Accessibility Accessible Approach with Ramp

Garage No

Building

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Vinyl Siding

Schools

Elementary Schools Kemp

High Schools Kemp

School District Kemp Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21259445


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Nir Sheinbein • Texas Ally Real Estate Group

NEARBY SCHOOLS & PROPERTIES

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Priya Patel

Priya Patel

Agent | License ID: 760495

+1(806) 518-1385

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107 E 11th