615-617 E Carter St, Sherman, TX 75090

$379,900
6
BD
4
BA

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List Price
$379,900
MLS#
21413198
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2018
Construction Status
Preowned
Bedrooms
6
Full Baths
4
Acres
0.16
County
Grayson
City
Sherman
Subdivision
Austin Park Add Rep Lt 13-2
Building Name
Austin Park Addn

Property Description

INVESTMENT OPPORTUNITY IN SHERMAN TX! Whether you're looking to expand your real estate portfolio or take your first step into investing through house hacking, this well-maintained, full duplex at 615-617 E Carter Street offers an excellent opportunity! Built in 2018, this property features two spacious units, each offering 3 bedrooms, 2 full bathrooms, and approximately 1,250 square feet of living space. Both units feature updated interiors with an open-concept living, dining, and kitchen area, granite countertops, stainless steel appliances, and attractive flooring throughout the main living spaces. Each unit also offers a functional floor plan, spacious bedrooms, and its own attached garage. Outside, residents can enjoy private, fenced backyards with patio space. For investors, this is an opportunity to add a newer, well-cared-for duplex to a growing portfolio of small multifamily properties. For buyers looking to get started in real estate investing, consider the benefits of house hacking! Live in one unit while renting out the other, allowing rental income to help offset your monthly mortgage payment while you build equity in a property of your own. Qualified owner-occupant buyers may be eligible for FHA financing with as little as 3.5% down or VA financing with no down payment, subject to lender and program requirements. One side is currently leased out at $1300-mo and the other is vacant giving you flexibility to move in as an owner occupant or to select your own tenant.This creates an opportunity to enter the investment property market without the substantial down payment typically associated with traditional investment financing. Whether you're a seasoned investor or a first-time buyer looking to make a smart move into real estate investing, this full duplex offers flexibility, functionality, and long-term investment potential!

Additional Information

Unexempt Taxes
$8,538
Lot Size
6,751
Acres
0.16
Interior Features
Decorative Designer Lighting Fixtures, High Speed Internet, Cable TV
Flooring
Carpet, Vinyl
Foundation
Slab
Roof
Composition
Stories
1
Pool Features
None
Garage Spaces
1
Parking Garage
Garage Faces Front
School District
Sherman Isd
Elementary School
Washington
Middle School
Piner
High School
Sherman
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Cory Meals from eXp Realty LLC. Contact:

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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