107 E 11th, Kemp, TX 75143
- $189,000
- 2
- BD
- 1
- BA
- List Price
- $189,000
- MLS#
- 21259445
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1900
- Bedrooms
- 2
- Bathrooms
- 1
- Acres
- 0.17
- County
- Kaufman
- City
- Kemp
- Subdivision
- kemp
- Building Name
- 107 E 11th Street
Property Description
Great investment opportunity in Kemp. This renovated duplex is fully occupied and producing steady rental income. Each side offers 2 bedrooms and 1 bath with modern updates and reliable tenants in place. Unit 1 rent: $1,000 per month Unit 2 rent: $1,135 per month Total gross income: $25,620 annually Net income: $21,630 annually Cap rate: 10.87 percent No HOA This property offers immediate cash flow and is a solid addition to any rental portfolio.
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Additional Information
- Lot Size
- 7,439
- Interior Features
- Other
- Flooring
- Laminate
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- Stories
- 1
- Pool Features
- None
- Parking Garage
- Covered
- School District
- Kemp Isd
- Elementary School
- Kemp
- Middle School
- Kemp
- High School
- Kemp
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Nir Sheinbein from Texas Ally Real Estate Group. Contact: 858-539-5219