8,481 Sqft Lot
8,481 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision West Gate Add 1St Unit Re
MLS Listing ID 21211871
HOA Y/N None
Total Fin. Sqft 2052
Year Built 1973
Lot Size 8,481 Sqft
Acres 0.1947
Property Sub-Type Duplex
Property Description
Each unit is thoughtfully designed to provide comfortable living spaces, appealing to long-term tenants and future renters alike. The property is currently occupied by two reliable long-term tenants, providing immediate rental income. One lease expires at the end of April, and the other at the end of July, offering flexibility for potential rent adjustments or owner occupancy.
Currently, rents are set at $850 per unit, presenting a strong value-add opportunity, as market rents for similar unit in the area can reach up to $1,050. With its ideal location near downtown Temple, recent upgrades, and upside potential in rental income, this duplex is a smart addition to any investment portfolio.
Location
State TX
County Bell
Direction Please use GPS
Interior
Interior Features Cable TV Available
Heating Central
Cooling Central Air
Flooring Other
Fireplaces Number 1
Fireplaces Type Living Room
Appliance Dishwasher, Disposal
Heat Source Central
Exterior
Carport Spaces 2
Utilities Available City Sewer, City Water
Roof Type Asphalt
Accessibility Accessible Bath - Full, Accessible Entrance
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Western Hills
Middle Schools Bonham
High Schools Temple
School District Temple Isd
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21211871
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales