213-215 W Cedar Street new Save Request In-Person Tour Request Virtual Tour
Gunter,TX 75058
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Gunter Suppl Add
MLS Listing ID 21102609
Bedrooms 8
Full Baths 6
Year Built 1985
Annual Tax Amount $5,922
Lot Size 0.499 Acres
Property Sub-Type Duplex
Property Description
Excellent investment opportunity located in the heart of Gunter. This package includes two duplexes—213–215 W. Cedar Street and 217–219 W. Cedar Street—for a total of four rental units, ALONG with an unimproved 0.166-acre lot offering future development potential. Two of the units feature 2 bedrooms and 1 bath (approximately 924 sq. ft. per side), while the other two units offer 2 bedrooms and 2 baths (approximately 1,020 sq. ft. per side). All units are currently leased with reliable tenants. 215 and 217 W. Cedar Street are under one-year leases, while 213 and 219 W. Cedar Street are leased month-to-month. Recent improvements include new roofs, updated exterior paint, and covered carports. Conveniently situated near Preston Road, Gunter High School, and Gunter Middle School, this package provides consistent rental income and potential for future expansion on the vacant lot. Showings are available only after an executed contract. Please do not disturb tenants.
Location
State TX
County Grayson
Interior
Heating Central,Fireplace(s),Natural Gas
Cooling Ceiling Fan(s),Central Air
Flooring Carpet,Vinyl
Fireplaces Number 2
Fireplaces Type Other
Exterior
Exterior Feature Other
Fence None
Utilities Available City Sewer,City Water
Roof Type Composition
Building
Lot Description Corner Lot,Interior Lot
Story One
Foundation Pillar/Post/Pier,Slab
Structure Type Siding
Schools
Elementary Schools Gunter
Middle Schools Gunter
High Schools Gunter
School District Gunter Isd
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Flood Plain,Survey Available
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21102609