675 20th Street NE #655, Paris, TX 75460
675 20th Street NE #655, Paris, TX 75460
675 20th Street NE #655, Paris, TX 75460
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$350,000
Est. payment /mo
2 Beds
2 Baths
0.3 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Dority Add

MLS Listing ID 21418487

Bedrooms 2

Full Baths 2

HOA Y/N None

Total Fin. Sqft 2320

Year Built 2020

Annual Tax Amount $3,867

Lot Size 0.296 Acres

Acres 0.296

Property Sub-Type Triplex

Property Description

Turnkey Investment Opportunity! Built in 2020, this income-producing triplex is ready for its next owner! Featuring three well-designed units, each offering 2 bedrooms, 2 full bathrooms, a living room, kitchen, pantry, walk-in closet, and a private, privacy-fenced backyard. Durable stained concrete floors and stainless steel appliances provide practical, low-maintenance finishes that tenants will appreciate.

With six parking spaces and three separate living units, this property offers an excellent opportunity to expand your investment portfolio. There is also potential to increase rental income, with market rents estimated at approximately $1,200 per unit, subject to verification. Two units are currently occupied by month-to-month tenants, while the third has a one-year lease with rent paid through Ark-Tex.

Whether you're looking to expand your rental portfolio or step into multifamily investing, this newer-construction triplex offers income potential, tenant flexibility, and desirable amenities. Don't miss the opportunity to make this property your next investment!

Location

State TX

County Lamar

Direction From Loop 286 exit FM 195 onto 20th NE property will be on the right.

Interior

Interior Features Cable TV Available, Granite Counters, Kitchen Island

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Concrete

Appliance Dishwasher, Electric Range

Heat Source Central, Electric

Exterior

Exterior Feature Private Entrance, Private Yard

Fence Privacy, Wood

Utilities Available Cable Available, City Sewer, City Water, Electricity Connected

Roof Type Metal

Garage No

Building

Lot Description Interior Lot

Story One

Foundation Slab

Level or Stories One

Structure Type Other

Schools

Elementary Schools Aiken

High Schools Paris

School District Paris Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21418487


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Jodie Downs • Greb Real Estate

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Leslie Mealem

Leslie Mealem

+1(806) 790-5909

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675 20th Street NE #655