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518 S Elm Street B, Sherman, TX 75090

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For Sale
Sale Pending

$150,000

2 beds • 2 baths • 1,780 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $84.27
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Take a moment and give this investor special a quick gander. This duplex resides mere blocks away from Sherman's Historic Downtown and only 2 miles from Austin College. Currently leased with 100% occupancy and nearby amenities for tenants this is certainly a valuable asset for both landlord and tenant. When it comes to investment real estate, location really matters but so does value. The property boasts 1,780 livable square footage evenly split between the two mirrored sides. Each unit consists of a spacious living room, full kitchen with breakfast nook and panel style doors to the bedroom allowing for a studio style set up or a closed bedroom with it's own full sized bathroom. Units have electricity separately metered, electric heating and cooling, and high speed internet available. Long term tenant loyalty has been rewarded with lower than typical rental rates, immediate value in light rehab and nominal increase or full cosmetic and significant increases.
MLS# 20748243

Courtesy Of SWRE,INC, Listed By Josh Simmons

(713) 470-2161

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Porch, Patio, Ceiling Fan, Cable Ready
  • Appliances
    Dishwasher, Washer
  • Architecture Style
    New Traditional
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Concrete
  • Floor Covering
    Carpet, Wood
  • Heating System
    Central Furnace
  • Lot Size
    0.39 Acres

Map and Directions

Directions to 518 S Elm Street B, Sherman, TX 75090

Home seller CENTURY 21 DEAN GILBERT, REALTORS®

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 DEAN GILBERT, REALTORS®

(903) 893-5188
Learn More About Us

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Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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