BEDS20
BATHS17 full 2 partial
SQUARE FEET9,999
MLS#21071514
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONOriginal Town Paradise
SCHOOLParadise ISD
Property Description
ENTIRE RENTAL PROPERTY PORTFOLIO OF MOSTLY NEW & UPDATED PROPERTIES WITH NEAR FULL OCCUPANCY OFFERED FOR SALE on Ash Street in Paradise, Texas. 5 separate structures consisting of: (1) 2-2-2CP Duplex, (2)3-2+2 Townhomes with elegant finishes & privacy fenced backyards and 2 car garages. One of these townhome units also features extra half baths in each unit., a 1-1 SFR and then a 3-2 SFR currently under full renovation. This home has been taken down to the studs with much new (see Transaction Desk for list) and is currently ready for drywall! Paradise is one of Wise County's fastest growing towns and has widely sought after A-Rated schools. This portfolio has a fabulous cash flow and an alluring cap rate. Built and owned by a custom home builder, there are many tasteful details throughout - Granite countertops, hardwood and tile finishes, large walk-in closets, elegant lighting, fixtures and more. You must truly see to appreciate this great package. This portfolio MUST be sold together. Contact list agent for more details. Option exists for additional SFR and 1.959ac plus or minus directly across the street at 102 N. Mesquite St. (MLS#21072318). Plans already exist for multiple quadplexes in this location or a new owner can build to suit. Seller is a builder and developer and willing to bid or build anything a new owner's heart desires. It's hard to get a good return on your investment in today's economy. If you've wanted to get into rental real estate, this is a wonderful opportunity with LOADS of potential for growth in all the right directions! Full financials and all info can be fully furnished upon request. Drive link with many additional photos of all units available upon request.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Electric
Garage: 8 car attached
Heating: Central, Electric
Lot Size: 1.58 Acres
Roof Type: Composition
Year Built: 2020
Amenities
Decorative Lighting
Eat-in Kitchen
Granite Counters
High Speed Internet Available
Kitchen Island
Open Floorplan
Pantry
Walk-In Closet(s)
Covered Patio/Porch
Rain Gutters
Other
Feature Descriptions
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater
Days on Site: 179
Exterior: Board & Batten Siding, Fiber Cement
Fencing: Back Yard, Cross Fenced, Fenced, Privacy, Wood
Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank, Painted/Stained, Varies
Lot: Acreage, Adjacent to Greenbelt, Agricultural, Cleared, Interior Lot, Landscaped, Level, Lrg. Backyard Grass, Other
Parcel#: 770803
Parking: Asphalt, Assigned, Attached Carport, Carport, Covered, Driveway, Garage Faces Front, Kitchen Level
Parking Notes: Asphalt, Assigned, Attached Carport, Carport, Covered,
Patio/Porch: Covered
Security: Smoke Detector(s)
Units: 8
Utilities: Aerobic Septic, All Weather Road, Asphalt, City Water, Electricity Available, Electricity Connected, See Remarks, Other
Window: Bay Window(s), Window Coverings
Local Schools
Elementary School: Paradise
School District: Paradise ISD
Listed By / Shown By
Listed By
Agency Name: Buy Wise Real Estate
Agency Contact: 940-399-3900
Agent Name: Shari Guess
Shown By
Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 5,021.88 per month $4,440.01 Principal & Interest $0.00 Property Tax (data not provided by mls) $581.88 Homeowner's Insurance
114 Ash Street | MLS# 21071514
This multi-family property located at 114 Ash Street, Paradise, TX 76073 is currently listed for sale with an asking price of $1,995,000. Ash Street is located within the Paradise ISD school district. Search Paradise real estate on karenschaeper.kellyrealtors.com today.