2180 E Cherry Street

Paris, TX 75460
$397,500
6044 sqft | 11 beds | 11 baths | 3.32 acres | #20726855
For Sale

Description

This property features 11 well maintained 1-bedroom, 1-bathroom units spread across three separate buildings, ensuring diverse tenant appeal and steady rental income. Adding further value, the property comes with an extra estimated 2.3 acres and boasts a large barn-shop-storage structure, perfect for extra storage, workshops, or other creative uses. Tenants are Responsible for electricity and Owner covers water, trash, and gas. Whether you're an experienced investor or looking to expand your portfolio, this property offers exceptional value with room to grow. Don’t miss out on this rare chance to own a versatile and income-producing asset in a prime location. Schedule your showing today!

  • Property Details
      • Interior:Cable TV Available
      • Bedrooms:11
      • Bathrooms:11
      • Full Baths:11
      • Lot description:Acreage, Few Trees, Interior Lot
      • Acres:3.3200
      • Square Feet:6044.00
      • Property type:Multi-Family
      • Year built:1965
      • Foundation:Bois DArc Post, Slab
      • Utility features:City Sewer, City Water
      • Subdivision:City Of Paris
      • School district:Paris ISD
      • Elementary School:Aiken
      • County:Lamar
      • MLS #:20726855
      • Cost:397500
      • Property subtype:Apartment
      • MLS #:20726855

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Last Updated: . Source: NTREIS

Listing Courtesy
Listing Agent: Sam Winkles
Listing Office: Fathom Realty, LLC

Phil HillReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright