410 S Vaden St, Sherman, TX 75090

$250,000
3
BD
3
BA

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List Price
$250,000
MLS#
21327409
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1930
Bedrooms
3
Bathrooms
3
Acres
0.23
County
Grayson
City
Sherman
Subdivision
Hazelwood & Vaden Add
Building Name
Vaden Triplex

Property Description

Turnkey investment opportunity in the heart of Sherman! This fully renovated triplex offers three one-bedroom, one-bath units, making it an excellent addition to any investment portfolio. Renovated in 2021, each unit features an open-concept living, dining, and kitchen area with durable luxury vinyl plank flooring that continues into the bedroom, creating a modern, cohesive look. The kitchens offer updated cabinetry, solid surface countertops, stainless steel appliances, and contemporary finishes, while the bathrooms have been tastefully remodeled. The property has a strong rental history, with two units currently leased and one recently becoming vacant—providing immediate income with the opportunity to quickly lease the third unit. One-bedroom rentals priced under $1,000 per month are becoming increasingly rare in Sherman and remain in high demand, making this property well-positioned for continued occupancy. A shared laundry room located at the rear of the property includes a stacked washer and dryer for tenant convenience. Conveniently located just minutes from downtown Sherman, shopping, dining, and major employers, 410 S. Vaden St. offers investors the advantage of multiple income streams from a single property. Whether you're expanding your portfolio or purchasing your first income-producing property, this turnkey triplex delivers excellent cash flow potential in a growing market.

Additional Information

Unexempt Taxes
$2,624
Lot Size
10,018
Lot Description
Corner Lot
Interior Features
Eat-In Kitchen, High Speed Internet, Cable TV
Flooring
Vinyl
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
1
Pool Features
None
Carport Spaces
5
Parking Garage
Driveway, Off Street
School District
Sherman Isd
Elementary School
Crutchfield
Middle School
Sherman
High School
Sherman
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Brad Rhodes from Easy Life Realty. Contact: 903-224-5171