$400,000
Active
126 Days Online
4 Beds2 Baths1,808 SQFT
Active

1505 N Bus 287 Decatur, TX 76234

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Seller will carry 1st, for qualified buyers. 100% Leased, income producing full duplex in the flourishing town of Decatur. Located 35 min north of Ft. Worth & 30 min west of Denton, Decatur is known for its small-town charm & city conveniences. Duplex built in 2008, well insulated & well maintained. Each unit is 2 bed, 1 bath spacious layout of 908sf, covered porches & expansive (unfenced) yards. Duplex sits side-by-side with a similar duplex that is also for sale. MLS#20513584. Large concrete driveway, with generous parking area services both duplex buildings. 1505 on left. 1509 on right. Seller would prefer to sell both duplex buildings to same buyer. This listing is for 1 duplex building, with 2 units. Decatur's population is exploding at a rate of 30%, per EDC. Market rates continue to climb, with shortage of available rental homes to keep up with population growth. This investment property has a very bright income-producing future! Seller will replace roof prior to closing.

  • Property TypeMulti-Family
  • NeighborhoodTwo Spence Place
  • CountyWise
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site125 Days
  • MLS StatusActive
  • MLS ID Number20513400
  • Home Size Source Appraiser
  • Year Built2008
  • Lot Size0.371 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Parking DrivewayOversized
  • Number of Stories 1
  • Acreage 0.371
  • Property Sub Type Duplex
  • Attached Garage No
  • Foundation Slab
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central
  • Appliances DishwasherDisposalElectric Range
  • Flooring CarpetLaminate
  • Interior Cable TV AvailableHigh Speed Internet Available

Exterior Features

  • Roof Composition
  • Fencing None
  • Waterfront Property No
  • Exterior Covered Patio/ Porch

Community Features

  • Senior Community No

Schools

School District
Unknown
Elementary School
Young
Middle School
Decatur
High School
Decatur

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Monthly Payment (Est.)

$2,116
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