Brownwood, TX 76801,1513 Durham Avenue
$525,000
Est.Price: ?

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15 BD
10 BA
1.21 Acres Lot

1513 Durham Avenue Brownwood, TX 76801

Est. payment /mo
SOLD DATE : 08/25/2023

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Coggin Add

MLS Listing ID 20293176

Bedrooms 15

Full Baths 10

Year Built 1978

Annual Tax Amount $5,430

Lot Size 1.206 Acres

Property Description

TURNKEY INVESTMENT OPPORTUNITY! 10 rentals in 5 locations in Brownwood with a 10% cap rate and opportunity to improve. The complex at 1513 Durham has 6, 1 bed 1 bath approx 650 sq ft duplexes, each with their own carport and laundry, central HVAC. 1617 2nd St is on a corner lot, recently renovated, 3 bed 1 bath, central HVAC, all electric. 1703 1st St is a 2 bed 1 bath with gas range and water heater, no central HVAC. 1115 Schroeder is a cute 2 bed 1 bath home that needs renovating, no central HVAC. 1101 Schroeder is a 2 bed 1 bath with central HVAC. Both Schroeder homes got new roofs in June. All but one unit has a newer water heater. 8 currently rented. The other 2 need repairs before putting back on the market. They never stay vacant long. Set yourself up with another stream of income that pays for itself! Start building your portfolio today!! Let's talk about it.

Location

State TX

County Brown

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Hardwood, Linoleum

Exterior

Fence Chain Link

Utilities Available Asphalt

Roof Type Asphalt

Building

Lot Description Corner Lot, Few Trees, Interior Lot

Story One

Foundation Pillar/Post/Pier

Structure Type Siding

Schools

Elementary Schools East

Middle Schools Brownwood

High Schools Brownwood

School District Brownwood Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Affordable Housing, Deed Restrictions

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Gina Jameson • KW SYNERGY - Heartland
Bought with Justin Riggan • KW SYNERGY - Heartland

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Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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