Weatherford, TX 76086,1106 Lynn Street #A & B

$350,000

Est. payment /mo
Est.Price: ?

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1106 Lynn Street #A & B Weatherford, TX 76086

4 Beds

2 Baths

1,792 SqFt

SOLD DATE : 05/01/2023

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,792 sqft

Price per Sqft $195

Subdivision Barmac

MLS Listing ID 20270405

Sold Date 05/01/23

Bedrooms 4

Full Baths 2

HOA Y/N None

Total Fin. Sqft 1792

Year Built 1980

Annual Tax Amount $3,375

Lot Size 6,751 Sqft

Acres 0.155

Property Description

CASH FLOW Duplex with historic high occupancy. Recently updated 2 bedroom duplex has been modernized with granite counters, fresh paint, newer appliances & luxury vinyl plank floors throughout for easy maintenance. Long term repeat tenants with established leases at $1250mo per door. Background checks performed before tenant approval. 12mo+ of positive payment history. Over 6% cap rate with minimal expenses, taxes & insurance. Water is included in the monthly bill - tenant responsible for electric, sewer, lawn & trash through City. Room to increase rents with lease renewal based on other nearby unit leases. Located within walking distance to Weatherford College & Main St. Each unit includes a private fenced backyard. Virtual tour of similar unit available. Each door is 2 bed 1 bath & kitchen. Wford is just 25 min to FW & boasts a population of 50k+. Housing shortage is fueling rapid rent increases and low vacancy county wide. Txt ZEAL16 to 88000 for Virtual Tour link & rent rolls.

Location

State TX

County Parker

Direction South Main St From Court House. West On Park. Left On Rusk. Left On Lynn. Duplex Is On The Left. Drive by only - do not disturb or make contact with Tenants.

Interior

Interior Features Cable TV Available, Granite Counters, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Luxury Vinyl Plank

Appliance Dishwasher, Electric Range, Vented Exhaust Fan

Heat Source Central, Electric

Exterior

Exterior Feature Covered Patio/Porch

Fence Back Yard, Fenced, Wood

Utilities Available All Weather Road, City Sewer, City Water

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Lot Description Few Trees, Interior Lot

Story One

Foundation Slab

Structure Type Brick

Schools

Elementary Schools Curtis

School District Weatherford Isd

Others

Ownership Lynn Street Duplexes, LLC

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Financing Conventional

Special Listing Condition Aerial Photo, Owner/ Agent

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Ryan Zamarron • Zeal, REALTORS
Bought with Stefani Kovacevic • House Brokerage

Brian Haile

Broker Associate | License ID: 0648651

+1(254) 485-1827

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