402 S Gaines Street Active

Ennis,TX 75119

$ 195000

2 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision O T Ennis

MLS Listing ID 20829222

Bedrooms 2

Full Baths 2

Year Built 1983

Annual Tax Amount $3,112

Lot Size 5,662 Sqft

Property Sub-Type Duplex

Property Description

ATTENTION INVESTORS! Brick duplex is ready for a new owner. Unit A is vacant and recently renovated. Unit B is tenant occupied. Ennis is a thriving family community with local festival, parades, dances, etc. Home of the renowned Bluebonnet Festival, the Autumn Daze festival with its hay maze and pumpkin patch, Ennis is experiencing exponential growth so this is an excellent opportunity to purchase in a growing community. Each unit has a spacious bedroom with lots of closet space, one full bathroom with combo tub & shower, and a galley style kitchen with built-in cabinets. Currently leased below market rent. Comps suggest fair market rent should be $850-$1000 per month.

Location

State TX

County Ellis

Interior

Heating Electric

Cooling Electric

Flooring Carpet,Tile

Exterior

Exterior Feature Other

Utilities Available City Sewer,City Water

Roof Type Composition

Building

Lot Description Other

Story One

Foundation Slab

Structure Type Brick

Schools

Elementary Schools Bowie

High Schools Ennis

School District Ennis Isd

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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