1816 Park St, Commerce, TX 75428

Property Overview

Duplex

Building size: 1,735 sqft

4 beds / 4 baths (total)

1965 build

Lot size: 0.24 acres

Rental Summary

Current Monthly Rent: $1,200 (pending leases)

Potential Monthly Rent: $1,800

Rental Breakdown

Unit A

• 2 beds / 2 baths
• Current Monthly Rent: $650
• Lease end: pending lease
• Potential Monthly Rent: $900
• Tenant pays only water, sewer, and electricity

Unit B

• 2 beds / 2 baths
• Current Monthly Rent: $550
• Lease end: pending lease
• Potential Monthly Rent: $900
• Tenant pays only water, sewer, and electricity

Comps

1312 Chestnut St, Commerce, TX 75428

• Duplex converted into SFR
• Building size: 1,344 sqft
• 1945 build
• Lot size: 0.19 acres
• Sold on 4/22 for $159,000

1001 Main St, Commerce, TX 75428

• Duplex
• Building Size:1680 sqft
• 1970 Build
• Lot size: 0.22 acres
• Sold on 5/22 for $175,000

Property Condition

Age of roof: 7 years old

6 Window units

Additional info:

• Pier & Beam foundation updated 2 years ago—10-year transferrable warranty
• Sewer line maintenance 2-4 years ago
• Possible upgrades needed: kitchen, windows, doors, and carpet (purely cosmetic)

More Photos

https://www.dropbox.com/sh/fjchqgqu5yp90tc/AABG6rJd32CCj4kuhU9fn7OSa?dl=0

Asking Price: $99,999

Closing: 01-13-23 or sooner

Call or text Joshua for more details on this 🌋HOT DEAL!🌋

(210) 972-8565

Click the BUY IT NOW button to lock this one down and avoid bidding wars ⚔️