2507 Mayo Commerce, TX 75428

199316375 33.23826 -95.90435 169 /listing/199316375-150474505/2507-mayo-commerce-tx-75428 False 0 350000.0 105 13778420 False
$350,000
  • Est payment $1878.88/mo

Property & Neighborhood Info

Courtesy Of AT Home Texas Real Estate

Multi-Family in Commerce

This property is one of five units with a total of 11 rentals. There are 2 houses, 2 duplexes and 1 four-plex with a mobile home behind it that also is a rental unit. The addresses are: 2507 Mayo, 1608 Jeffereson, 1205 Chestnut, 1816 Park, and 1810 Hunt. The owner of the properties is a retired professor who has a relationship with the university athletics department which enables him to have very low vacancy rates. The current owner will introduce buyer to all coaches to help assist with future rentals. Must have pre-approval qualification letter before showings. Properties are being sold As Is.

Courtesy Of AT Home Texas Real Estate

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1945
  • Floors: 1
  • School District: Commerce
  • School District2: Commerce
  • School District3: Commerce
  • School District: Commerce ISD
  • County: Hunt
  • Units: 2
  • MLS Number:13778420

Additional Features

  • Interior Features:
    • OTHER
  • Appliances:
    • Range/Oven-Electric
  • Construction:
    • FRAME/BRICK TRIM
  • Construction Status:
    • Preowned
  • Property Subtype:
    • MUL-Multiple Single Units
  • Property Type:
    • Multi-Family
  • Roof:
    • Composition
  • Foundation:
    • Pier & Beam
  • Pool:
    • N
  • Parking:
    • Common Lot
  • Parking Spaces:
    • 4
  • Heating:
    • OTHER
    • WINDOW UNIT
  • Utilities:
    • City Sewer
    • City Water
  • Security System:
    • N
  • Number of Buildings:
    • 5
  • Showing Instructions:
    • Agent Or Owner Present
  • Divisible:
    • No
  • Gross Income:
    • 6440
  • Net Operating Income:
    • 6000
  • Annual Expenses:
    • 2560
  • HOA:
  • Cap Rate:
    • 1.71
  • Complex Name:
    • None
  • MLS:
    • North Texas Real Estate Information Systems
  • Possession:
    • Closing/Funding
  • Tax ID:
    • 41690
Neighborhood info courtesy of Homes.com © 2018

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Karen McMahan
Karen McMahan
Owner
(903) 348-1396 (903) 348-1396

Request More Info

2507 Mayo Commerce, TX 75428

199316375 33.23826 -95.90435 169 /listing/199316375-150474505/2507-mayo-commerce-tx-75428 False 0 350000.0 105 13778420 False
  • $350,000
  • Est payment $1878.88/mo