
Listed by Century 21 Farm & Ranch
$550,000
1006 Plum St
Details
APN 287
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 8
Cap Rate 7.4%
NOI $40,706
Occupancy 100%
Price per SqFt $115
Class C
Year Built 1980
Year Renovated 2023
Buildings 3
Stories 1
Acreage 0.410
Multifamily | 7.40% CAP | 8 Units
Marketing description
8 Unit multifamily complex consisting of one quadplex and two duplexes located half a mile north of Winnsboro, TX. Complex is 100% occupied and has been recently renovated with new tubs, sinks, toilets and paint. The roof was replaced in 2023 and HVAC System is less than five years old. Each unit is 1 bed, 1 bath approximately 600 sq ft. Would make a great first time investment or addition to a rental portfolio.
Investment highlights
Facts:
Located one half mile north of Winnsboro, TX
Owner Operated
100% Occupied
Improvements:
Complex includes 1 Quadplex & 2 Duplexes (8 Units Total)
Interior Remodeled including new tubs, sinks, toilets & paint
Roof Replaced 2023
HVAC Less than 5 years old
16 Asphalt Parking Spots
Listing Contacts

Listed by Century 21 Farm & Ranch
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$40,706.00
$3,392.17/mo
Valuation Metrics
0
DSCR
7.4%
Cap Rate
7.4%
ROI
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