This thoughtfully updated duplex is an excellent opportunity for both new and seasoned investors! One unit features 2 bedrooms and 1 bathroom, while the second offers 2 bedrooms and 2 bathrooms. The 2/2 unit was bringing in $1,300/month while the owner resides in the other unit, showcasing the strong income potential. Each unit includes an in-unit washer and dryer, which will remain with the property. Blinds have been installed on all windows, providing added privacy throughout both units. Located on a desirable corner lot, the property blends modern updates with its original charm. The extensive renovation includes new kitchens (refrigerator included), bathrooms, flooring, roof, and more, making this duplex truly move-in ready. Whether youâ??re looking to expand your investment portfolio or live in one unit while leasing the other for additional income, this property offers flexibility and strong potential. This is a great opportunity to own a turn-key duplex with lasting value!
Looking for a investment opportunity with established tenants and a chance for growth? This could be it. Located outside of Gilmer, TX this property has 4 RV style units and one 1200 sq ft manufactured home. There is also a community laundry unit. All units stay rented and owner has financial docs ready to share. Lets start your journey today into passive income in the future!
12 MOBILE HOMES OWNED AND 1 FRAME HOUSE 2/1 ON 4.89 ACRES,RENTALS ARE AT A 10.7% CAP RATE
Gilmer is located in Texas. Gilmer, Texas has a population of 4,802. Gilmer is less family-centric than the surrounding county with 25.86% of the households containing married families with children. The county average for households married with children is 30.68%.
The median household income in Gilmer, Texas is $38,240. The median household income for the surrounding county is $55,046 compared to the national median of $69,021. The median age of people living in Gilmer is 32.5 years.
The average high temperature in July is 93.6 degrees, with an average low temperature in January of 32.5 degrees. The average rainfall is approximately 47.4 inches per year, with 0.8 inches of snow per year.
