301 W King Street, Sherman, TX 75090 | 20325261 | Allie Beth Allman & Associates

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Listing provided courtesy of JPAR - Uptown - MLS#20325261MLS Provider

301 W King StreetSherman, TX 75090

Multi-Family · 7 Beds · 4 Full Baths · 2,947 Sq. ft. | 0.26 Acres

$650,000 Active

Overview

Time on Site:
199 days
Visits:
0

100% Tenant Occupied Quadraplex. Each unit is 737 sf with kitchen, washer and dryer hookups, covered rear parking with separate storage. 3 units are 2bed 1bath and 1 unit is 1bed 1bath. Do Not Disturb Tenants. This property is being sold as part of a $2,950,000 portfolio. Serious Inquiries Only. Preapproval or Proof of funds required. Seller will not separate the portfolio.

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Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,947
  • Price/Sq.ft. $220
  • Lot 0.26 Acres

General

Association/HOA
  • Association Type: None
School Information
  • Elementary School: Washington
  • Elementary School Name: Washington
  • High School Name: Sherman
  • Intermediate School Name: Dillingham
  • Middle School Name: Piner
Income/Expenses
  • Gross Income: 43800.00
  • Insurance Expense: 2409
  • Net Operating Income: 34399
  • Operating Expense Includes: Insurance, New Tax
Building Information
  • Year Built: 1978
  • Year Built Details: Preowned
Location/Region
  • Country: United States
  • County Or Parish: Grayson
  • Subdivision Name: Coursier Add
General Information
  • Complex Name: N/A
  • Municipal Utility District: No
  • Parcel Number: 350339
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Second Mortgage: No
  • Special Listing Conditions: Standard
  • Tenancy: Lease While on Market, No Smoking, No Sublease, Over 9 Months, Pet Restrictions, Written Application Only

Interior

Building Information
  • Accessibility Features YN: No
Parking Information
  • Garage Spaces: 0
  • Garage: No
Beds/Baths
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bedrooms Total: 7
Building Interior
  • Building Area Source: Appraiser
  • Building Area Total: 2947.00
General Information
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Vented Exhaust Fan
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Fireplaces Total: 0
  • Flooring: Carpet, Ceramic Tile
  • Foundation Details: Slab
  • Heating: Central, Natural Gas
  • Interior Features: Built-in Wine Cooler, Cable TV Available, High Speed Internet Available
  • Levels: One

Exterior

Parking Information
  • Parking Features: Additional Parking, Assigned, Attached Carport, Carport, Covered, Driveway, Garage Faces Rear
  • Parking Total: 4
Lot Information
  • Lot Features: Corner Lot, Few Trees, Landscaped
  • Lot Size Acres: 0.2600
  • Lot Size Area: 0.2600
  • Lot Size Square Feet: 11325.6000
  • Lot Size Units: Acres
  • Number Of Buildings: 1
Waterfront/View
  • Waterfront: No
Building Exterior/Construction
  • Attached Garage: No
  • Construction Materials: Brick
  • Patio And Porch Features: Covered
  • Roof: Composition
General Information
  • Carport Spaces: 4
  • Covered Spaces: 4
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Fencing: Chain Link
  • Horse: No
  • Lake Pump: No
  • Number Of Units Total: 4
  • Pool Private: No
  • Utilities: Asphalt, City Sewer, City Water, Individual Gas Meter, Individual Water Meter, Overhead Utilities, Underground Utilities

Unit Information

Unit Details

    Monthly Cost

    $
    $ %
    %
    $
    $
    Matt Pizette
    Prosperity Home Mortgage
    Randy Smith
    HomeServices Insurance
    * Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

    Market Data

    Based on the last 30 days in this zip code

    $357,439
    Median Sales Price
    $190
    Median Price per Square Foot
    48
    Properties Sold
    29
    New on Market
    96
    Average Days on Market
    135
    Properties for Sale
    Calculations provided by Reliance Network

    History

    Date Event Value Agent
    8/7/2023Source: North Texas MLS Status Change
    Active
    7/24/2023Source: North Texas MLS Status Change
    Active Option Contract
    5/17/2023Source: North Texas MLS Added to Database
    May 17, 2023