430 S Seven Points Drive

    Kemp, TX 75143
    • $199,000
    • STATUS: Active
    • ON SITE: 90 days
    • MLS #: 14184104
    UPDATED: 27 min ago
    $199,000
    • 0
      BEDS
    • 0.81
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    County:

    School Ratings & Info

    Offered by Ali Saatsaz of Keller Williams Frisco Stars.

    Description

    An income producing commercial space in a growing area W great visibility. Long term tenant W great cash flow. Currently has a positive cash flow with 3 of 4 spaces leased & doubling the income W the fourth space leased. Close proximity to Cedar Creek Lake in Seven Points on highly visible street of Seven Points Blvd-TX 274. Surrounding cities are Krum, Gun Barrel, Malakoff, & Trinidad. Brick building W 9-10 ft. high tile ceiling & metal roof W plenty of parking. Total of 4 spaces, 3 units are already leased & 4th unit W 2600 sq. ft. currently available for lease for $1000 per month. Total potential gross income is $36000 annually W expenses of $9000 resulting in Potential net income of $25,000 annually.

    Monthly Payment Calculator



    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kimberly Davis Group, Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Kimberly Davis Group, Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-12-13T21:40:58.56.
    www.ntxpropertysearch.com/homes/98930570

    430 S Seven Points Drive Kemp, TX 75143

    • Price: $199,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 14184104
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.81
    Acres
    1987
    Built
    Neighborhood:
    Muckleroy
    County:
    Henderson
    Area:
    Henderson County
    Property Description
    An income producing commercial space in a growing area W great visibility. Long term tenant W great cash flow. Currently has a positive cash flow with 3 of 4 spaces leased & doubling the income W the fourth space leased. Close proximity to Cedar Creek Lake in Seven Points on highly visible street of Seven Points Blvd-TX 274. Surrounding cities are Krum, Gun Barrel, Malakoff, & Trinidad. Brick building W 9-10 ft. high tile ceiling & metal roof W plenty of parking. Total of 4 spaces, 3 units are already leased & 4th unit W 2600 sq. ft. currently available for lease for $1000 per month. Total potential gross income is $36000 annually W expenses of $9000 resulting in Potential net income of $25,000 annually.
    Exterior Features

    Construction Brick Construction Materials Walls Texture Foundation Slab Freight Doors No Dock Parking Or Garage Common LotFrontOpen Road Frontage Type AsphaltCity Roof Tar/Gravel Topography Level

    Interior Features

    Ceiling Height 8 To10 Feet Commercial Features Multi-UserOther Flooring CarpetConcreteVinyl Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 6104 Sq Ft Gross 35284 Sq Ft Leasable 6104

    Property Features

    Building Area Source Tax Building Use Retail Commercial Zoning Com Construction Status Preowned Gross Annual Expenses 8920 Gross Annual Income 18000 Inclusions Land & Improvements Leasable Spaces 4 Leased Spaces 3 Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 9080 Owner Pays InsuranceLawn CareMaintenanceTaxesWater/Sewer/Trash Possession Closing/Funding Property Type Com-Sale Tenant Pays Alarm Monitor FeeElectricRenters Insurance Unexempt Taxes 3649 Utilities AsphaltCity SewerCo-Op WaterMaster Water Meter Will Subdivide No

    Listing information © 2019 North Texas Real Estate Information System.


    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kimberly Davis Group, Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Kimberly Davis Group, Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-12-13T21:40:58.56.
     
    The Kimberly Davis Group, Keller Williams Realty
    3600 Preston Road
    Plano TX, 75093
    Offered by Ali Saatsaz of Keller Williams Frisco Stars.