Great investment opportunity in Kemp. This renovated duplex is fully occupied and producing steady rental income. Each side offers 2 bedrooms and 1 bath with modern updates and reliable tenants in place.
Unit 1 rent: $1,000 per month
Unit 2 rent: $1,135 per month
Total gross income: $25,620 annually
Net income: $21,630 annually
Cap rate: 10.87 percent
No HOA
This property offers immediate cash flow and is a solid addition to any rental portfolio.
For sale
Price cut: $10K (9/4)
$189,000
107 E 11th St, Kemp, TX 75143
--beds
--baths
1,336sqft
Est.:
Duplex, Multi Family
Built in 1900
1,337.29 Square Feet Lot
$181,200 Zestimate®
$141/sqft
$-- HOA
What's special
Updated finishesQuiet streetFunctional layout
- 138 days |
- 70 |
- 3 |
- Loading
- Loading