107 E 11th, Kemp, TX 75143
- Beds
- 2
- Bath
- 1
- Sqft
- 1,336
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Overview
Great investment opportunity in Kemp. This renovated duplex is fully occupied and producing steady rental income. Each side offers 2 bedrooms and 1 bath with modern updates and reliable tenants in place.
Unit 1 rent: $1,000 per month
Unit 2 rent: $1,135 per month
Total gross income: $25,620 annually
Net income: $21,630 annually
Cap rate: 10.87 percent
No HOA
This property offers immediate cash flow and is a solid addition to any rental portfolio.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Number of bedrooms
- 2
- Number of bathrooms
- 1
- Square feet
- 1,336
- Lot size (acres)
- 0.17
- Year built
- 1900
Utilities
- Heating
- Propane
- Cooling
- Wall/window unit(s)
Estimated monthly costs
- Insurance
- $125
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: North Texas Real Estate Information Systems (NTREIS) MLS®#: 21259445 Last checked: …
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.