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    114 N Washington Street

    Kaufman, TX 75142
    • $409,500
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 14458377
    $409,500
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    Offered by Jack Mclemore of Listing Results, Llc.

    Description

    Own a piece of history with this beautiful, income producing, multi-use property located on the downtown Kaufman square. Complete renovation was completed in 2008 with a Silicone roof overlay in 2020. The first floor is leased as a retail-boutique. The second floor consists of a 2-1 residential apartment (currently leased) and two commercial offices (one is leased, and the other is available for lease). A second floor bathroom installation is currently in progress for the upstairs office tenant's use. All rents can be increased at lease renewal. Cap rate at ~10% when fully leased. Property Info: Number of Units: 4 (not 6, since we are converting three offices into one and adding a bathroom).

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    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or The Star Team | JP & Associates Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Star Team | JP & Associates Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-11-25T23:39:25.423.
    www.viewhomesindallas.com/homes/111253233
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    114 N Washington Street Kaufman, TX 75142

    • Price: $409,500
    • Status: Active
    • MLS #: 14458377
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1900
    Built
    Neighborhood:
    Kaufman Original
    County:
    Kaufman
    Area:
    Kaufman County
    Property Description
    Own a piece of history with this beautiful, income producing, multi-use property located on the downtown Kaufman square. Complete renovation was completed in 2008 with a Silicone roof overlay in 2020. The first floor is leased as a retail-boutique. The second floor consists of a 2-1 residential apartment (currently leased) and two commercial offices (one is leased, and the other is available for lease). A second floor bathroom installation is currently in progress for the upstairs office tenant's use. All rents can be increased at lease renewal. Cap rate at ~10% when fully leased. Property Info: Number of Units: 4 (not 6, since we are converting three offices into one and adding a bathroom).
    Exterior Features

    Construction BrickRock/Stone Construction Materials Walls Other Foundation Slab Freight Doors No Dock Parking Or Garage Other Road Frontage Type AsphaltConcreteCurbs/Gutters Roof Overlay

    Interior Features

    Ceiling Height Other Commercial Features Other Energy Efficiency Ceiling FansElectric Water HeaterSolar Screens Flooring ConcreteWood Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 5800 Sq Ft Gross 5800 Sq Ft Leasable 5800

    Property Features

    Alarm Or Security Type Carbon Monoxide DetectorSmoke Detector Building Area Source Tax Building Use Historical DistrictOther Commercial Zoning Com Construction Status Preowned Gross Annual Expenses 18650 Gross Annual Income 53700 Inclusions Other Leasable Spaces 6 Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 51900 Owner Pays OtherTaxes Possession Closing/Funding Property Type Com-Sale Tenant Pays All UtilitiesOther Unexempt Taxes 9364 Utilities AlleyAsphaltCity SewerCity WaterConcreteCurbs Will Subdivide No

    Listing information © 2020 North Texas Real Estate Information System.


    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or The Star Team | JP & Associates Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Star Team | JP & Associates Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-11-25T23:39:25.423.
     
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    The Star Team | JP & Associates Realtors
    2615 E. Southlake Blvd., Suite 150
    Southlake TX, 76092
    Offered by Jack Mclemore of Listing Results, Llc.