Ask Matt Milligan
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.
Directions: Head east on US-175 E from Kaufman. Continue on US-175 E for approximately 11 miles. Take the Kemp Business exit. Turn right onto E 11th St. The destination will be on your right at the corner of E 11th St and Elm St
Interior
Exterior
Financial/HOA/Schools
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Listed By: Nir Sheinbein of Texas Ally Real Estate Group