$409,500

114 N Washington St

Kaufman TX, 75142

Description

Own a piece of history with this beautiful, income producing, multi-use property located on the downtown Kaufman square. Complete renovation was completed in 2008 with a Silicone roof overlay in 2020. The first floor is leased as a retail-boutique. The second floor consists of a 2-1 residential apartment (currently leased) and two commercial offices (one is leased, and the other is available for lease). A second floor bathroom installation is currently in progress for the upstairs office tenant's use. All rents can be increased at lease renewal. Cap rate at ~10% when fully leased. Property Info: Number of Units: 4 (not 6, since we are converting three offices into one and adding a bathroom).

Details

MLS#14458377
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site33

Features

SQ Feet5,800
Story(s)2
Units6
ZoningCOM

Market Activity 75142

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Area Information
StateTX
CountyKaufman
CityKaufman
Zip Code75142
AreaKAUFMAN COUNTY (35)
Listing VS Median (in 75142)
Price:
$409,500
low | high
Med:
$249,450
89.084249084249% of Average
SqFt:
5,800
low | high
Med:
905
100% of Average
$ / SqFt:
$71
low | high
Med:
$69
52.170061374042% of Average
On Site:
33
low | high
Med:
116
28.448275862069% of Average
Listing Updated: November 23, 2020 8:08:29 PM PST
Jack Mclemore LogoMLS Number: 14458377
Listing Provided By:
Jack Mclemore  of  Listing Results LLC

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.