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Property Description

Take a moment and give this investor special a quick gander. This duplex resides mere blocks away from Sherman's Historic Downtown and only 2 miles from Austin College. Currently leased with 100% occupancy and nearby amenities for tenants this is certainly a valuable asset for both landlord and tenant. When it comes to investment real estate, location really matters but so does value. The property boasts 1,780 livable square footage evenly split between the two mirrored sides. Each unit consists of a spacious living room, full kitchen with breakfast nook and panel style doors to the bedroom allowing for a studio style set up or a closed bedroom with it's own full sized bathroom.
Units have electricity separately metered, electric heating and cooling, and high speed internet available. Long term tenant loyalty has been rewarded with lower than typical rental rates, immediate value in light rehab and nominal increase or full cosmetic and significant increases.

Overview

Property Status
Sold
Lot Size
0.39 Acres
MLS ID
20736409
Property Type
Multi-Family
Year Built
1950

Features & Amenities

Total Area
1,780 Sq.Ft.
Stories
1
Water Source
Public
Utilites
Electricity Connected, Sewer Available, Separate Meters, Water Available, Cable Available
Pool
None
Roof
Composition
Lot Features
Back Yard, Interior Lot, Lawn, Few Trees
Parking
Driveway, No Garage, On Site, Off Street
Heat Type
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Appliances
Dishwasher, Electric Oven, Electric Water Heater
Other Interior Features
Eat-in Kitchen, High Speed Internet, Open Floorplan, Cable TV
Sewer
Public Sewer
Substructure
Pillar/Post/Pier
Elementary School
Washington
Middle School
Piner
High School
Sherman
School District
Sherman ISD
Price Upon Request

Downloads

518 S Elm Street B

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I would love to help you see this beautiful home! As a full-service brokerage, I can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 518 S Elm Street B, Sherman, TX 75090

518 S Elm Street B
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518 S Elm Street B
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