115, 117 & 117.5 E Tennie Gainesville, TX $ 329,000
115, 117 & 117.5 E Tennie
$ 329,000
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115, 117 & 117.5 E Tennie

Gainesville, TX, 76240
$ 329,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 2,187

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Multi-Family Home for sale in Gainesville, TX

for $329,000 with 5 bedrooms and 3 full baths. This home was built in 1930 on a lot size of 0.308.

Investors are you looking for 3 tenant occupied properties that will generate income immediately? This is a perfect opportunity for you. All 3 of these properties are occupied, currently producing over $32,000 in gross income. In the heart of Gainesville historical district, these properties are in an excellent area. Easy accessibility to I-35 enhances their appeal, facilitating convenient commuting. Whether you're starting your rental portfolio or expanding it, this investment in a historically rich location with reliable income streams presents a promising prospect. There is one home with 2 bedrooms 1 bath and a 1 car garage. The second home is 2 bedroom 1 bath with no garage. The third property is a 1 bedroom 1 bath. The 2 bedroom units have central heat hvac, spacious kitchens and 728 sq feet. Since these are tenant occupied, you will need to have proof of funds and financing preapproval available for verification prior to showing. Call agent or your local agent for more info.

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Multi-Family Active

Price

$ 329,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,800

Style

Multiple Single Units

Lot Size

0.308

Year Built

1930

Town/City

Gainesville

County/Region

Cooke

MLS | Web ID

20517860

Features
Interior
Interior Features Built-in Features Cable TV Available High Speed Internet Available
Flooring Carpet Laminate Vinyl
Occupancy Rate 100
Total Units 3
Full Baths 3
Half Baths 0
Total Bedrooms 5
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General
Heating Central Natural Gas
Complex Name None
Cooling Ceiling Fan(s) Central Air Electric
Utilities Asphalt Cable Available City Sewer City Water Electricity Connected Individual Gas Meter Individual Water Meter Natural Gas Available Overhead Utilities Phone Available
Possession Lease Outstanding
Roof Composition Shingle
Appliances Dishwasher Electric Range Gas Water Heater Microwave Refrigerator
Number of Garage Spaces 1
School District Gainesville ISD
Pool Y/N 0
Year Built 1930
Levels One
Property SubType Multiple Single Units
Subdivision Name Bell
Occupant Type Tenant
County Cooke
Property Type Residential Income
Construction Materials Siding
Year Built Details Preowned
HOA Type None
# of Buildings 3
Status Active
Directions From I35 N Frontage Road take S Weaver to Hird go Right to Dixon Left to Tennie go Right and houses will be on the left no sign
City Gainesville
Buyer Agent Compensation 3%
Elementary School Name Chalmers
High School Gainesvill
Street Name Tennie
Elementary School Chalmers
Standard Status Active
Junior High School Gainesvill
Buyer Agent Compensation Type %
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Exterior
Waterfront 0
Exterior Features Covered Patio/Porch
Lot Features Corner Lot
Fencing Chain Link Partial Wood
Lot Size Source Public Records
Parking Features Garage Single Door Driveway
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Lot Size Dimensions 115 x 116
Building Area Total 2052.00
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 115
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* Excluded Features
List By
Nev Hewitt-Patterson

Listing Agent

Re/Max Signature Properties

Broker

Affordability Calculator

$2,503
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,187
Monthly Property Taxes
$317
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288432 Elementary School
3676646 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/25/2024$329,000 Listed Price

Map


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115, 117 & 117.5 E Tennie, Gainesville, TX, 76240 is a Multi-Family Home for sale at $329,000 with a lot size of 0.308. 115, 117 & 117.5 E Tennie has 5 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 76240 which is in Gainesville, TX