1419 E Cherry St Sherman TX 75090
3/2 Cash Flowing Property in East Sherman for $ale! $50k
1419 E Cherry Street, Sherman, TX 75090 is located just blocks from Austin College, and across the street from Cherry Street Park. It is a 3 bedroom 2 bath rental that is currently rented for $650 per month which is below market rent. Raise the rents, raise your cashflow!
This property needs some leveling, new flooring, and some TLC due to deferred maintenance.
As-Is Cash Price: $50,000
Average Rents: $1000
Estimate of Repairs: $5000-$7000
After Repair Value: $106,000
Sq Ft: 1336
Lot Size: 0.1686
Year built: 1930
Foundation: Pier and beam
Air Conditioning: Window units
Roof: New in 2000 approximately
Plumbing: New to the street April 2017
Electrical: Updated from pole to the house to meet code 2012 approximately
COMPS:
1207 E Wells Avenue | 1,108 sqft | Sold for: $89,400 @ $80.69/sqft in 16 days.
414 N Cleveland Avenue | 1,708 sqft | Sold for: $129,000 @ $75.53/sqft in 45 days.
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We are the premier wholesaling company in Texas. We have several Investment properties at huge discounts. Or we have homes for homeowners that want a great deal on their home.
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– REQUIREMENTS-
Cash or hard money only
$3,000 non-refundable deposit
Buyer pays all closing costs
Property to be sold as-is
Please Do Your Own Due Diligence Before Signing Contract.
We have several other properties for sale visit our website to take a look at these Awesome Deals!
www.northtexaspropertysuperstore.com/property/
To see property, have any questions or want to add this property to your portfolio call JOY at 903-251-2007.
1419 E Cherry St Sherman TX 75090