107 E 11th, Kemp, TX 75143

$169,000
2
BD
1
BA

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List Price
$169,000
Status
ACTIVE
Price Change
▼ $20,000 1788567325
MLS#
21259445
Subtype
ResidentialIncome
Construction Status
Preowned
Year Built
1900
Bedrooms
2
Bathrooms
1
Full Baths
1
Lot Size
7,439
Acres
0.17
Subdivision
kemp
Building Name
107 E 11th Street

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.

Additional Information

Interior Features
Other
Flooring
Laminate
Appliances
Electric Oven
Heating
Propane
Air Conditioning
Window/Wall
Stories
1
Levels
One
Roof
Composition
Foundation
Pillar/Post/Pier
Parking Features
Covered
School District
Kemp Isd
Elementary School
Kemp
Middle School
Kemp
High School
Kemp

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Nir Sheinbein from Texas Ally Real Estate Group. Contact: 858-539-5219

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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