904 Parkplace Rdg, Princeton, TX 75407

$499,000
8
BD
6
BA
3,176
SqFt

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List Price
$499,000
MLS#
21402164
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2010
Construction Status
Preowned
Bedrooms
8
Full Baths
4
Half Baths
2
Acres
0.14
Living Area
3,176
County
Collin
City
Princeton
Subdivision
Parkview Heights
Building Name
Parkview Heights

Property Description

Excellent investment opportunity in Princeton, TX! This duplex offers a total of 8 bedrooms, 4 full bathrooms and 2 half bathrooms, with each unit featuring 4 bedrooms, 2 full baths, 1 half bath and an attached garage. Unit 904 is currently tenant occupied at $1,800 per month. Unit 906 is also listed for lease at $1,700 per month, with active marketing underway to secure a tenant. Once both units are leased at these rates, the property would generate $3,500 in monthly gross rental income, or $42,000 annually. Property features spacious floor plans, tile flooring throughout the main living areas, updated flooring upstairs, kitchens with ample cabinetry and counter space, and generous living spaces. Located in an established Princeton neighborhood with a neighborhood park and NO HOA, NO MUD and NO PID. Convenient access to local schools, shopping and major roadways. A great opportunity for an investor seeking a multifamily property with existing rental income and additional income potential. Please do not disturb tenants. Showings by appointment only. Buyer and buyer’s agent to verify all information, measurements, schools, leases, occupancy status and rental information.

Additional Information

Lot Size
6,098
Acres
0.14
Interior Features
High Speed Internet, Walk-In Closet(s)
Flooring
Carpet, Tile, Vinyl
Foundation
Slab
Roof
Asphalt
Stories
2
Pool Features
None
Garage Spaces
2
Parking Garage
Garage
School District
Princeton Isd
Elementary School
Godwin
Middle School
Clark
High School
Lovelady, Princeton
Possession
CloseOfEscrow
Community Features
Park

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Calculator source: Real Geeks

Listing courtesy of Arturo Rodriguez from Real Broker, LLC. Contact: 915-850-8229

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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