• Office Phone - 214.572.1400
  • Primary - 214.801.4417

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Listing provided courtesy of Signature Real Estate- MLS# 21226626MLS ProviderContact Information: Erion Shehaj - 713-952-3200

805 S 6TH StreetBonham, TX 75418

Multi-Family · 9 Beds · 6 Full Baths · 3 Half Baths · 2,595 Sq. ft. | 0.26 Acres
$585,000 Active

805 S 6TH Street Overview

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PERFECT FOR 1031 EXCHANGE, HOUSE HACKING or multi generation living! Prime opportunity to invest in this, like-new luxury triplex in the thriving suburban area northeast of the Dallas-Fort Worth Metroplex. The triplex currently has 1 vacant Unit. This investment property attracts quality long-term tenants. The triplex comprises three identical units featuring 3 Bedrooms, 2.5 Bathrooms, and a 1 Car front-entry garage (a highly desirable tenant amenity), vinyl-plank wood-look flooring throughout, granite kitchen countertops, plus a private fenced back yard and landscaped yard. With Class A finishes throughout, the property has a proven operating history. With the area’s rapid growth and property management in place, this property is a smart, turnkey investment. This property offers an excellent balance of immediate cash flow and long-term appreciation potential, backed by the DFW market's continued economic growth.

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805 S 6TH Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,595
  • Price/Sq.ft. $225
  • Lot 0.26 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Bonham ISD
  • Elementary School: Finleyoate
  • Middle Or Junior School: Rather
  • High School: Bonham

Income/Expenses

  • Gross Income: 34680.0
  • Insurance Expense: 2291.0
  • Net Operating Income: 22227.0

Building Information

  • Year Built: 2022
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: BONHAM
  • Subdivision Name: Stone Add

Tax Information

  • Tax Annual Amount: 7387.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 93826
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Half: 3
  • Bathrooms Total: 9
  • Bedrooms Total: 9

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2595.0

General Information

  • Appliances: Dishwasher,Electric Cooktop,Electric Oven,Microwave
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Eat-in Kitchen,Open Floorplan,Pantry,Walk-In Closet(s)
  • Levels: Two
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Concrete,Driveway
  • Parking Total: 6.0

Lot Information

  • Lot Features: Cleared
  • Lot Size Acres: 0.258
  • Lot Size Area: 0.258
  • Lot Size Square Feet: 11238.48
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Brick,Vinyl Siding
  • Roof: Composition

General Information

  • Fencing: Back Yard,Wood
  • Number Of Units Total: 3
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Sewer Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 2

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Unit 3 Details

  • Unit Type: 3 Bedroom
  • Units Total: 3

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

805 S 6TH Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

805 S 6TH Street Market Data

Based on the last 30 days in this zip code

$357,847
Average List Price
$207
Average Price per Square Foot
8
Properties Sold
134
Average Days on Market
135
Properties for Sale
Calculations provided by Reliance Network


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