815 E College ST Active Save Request In-Person Tour Request Virtual Tour
Princeton,TX 75407
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 18,153 sqft
Price per Sqft $176
Subdivision Na
MLS Listing ID 21003060
HOA Y/N No
Year Built 2014
Lot Size 0.417 Acres
Acres 0.4167
Property Sub-Type Duplex
Property Description
Vanguard Real Estate Advisors is pleased to present the exclusive opportunity to purchase the Princeton Duplexes located in Princeton, Texas. This investment opportunity totals 11 units spread over 5.5 duplexes, all of which are part of a larger stand-alone subdivision, these average a spacious 1,650 square feet and are situated one mile north of Highway 380. The two-story duplex rental units were constructed in 2014, each with four bedrooms and two and a half bathrooms with the exception of one unit being a three bedroom configuration.
The Princeton Duplexes can benefit from a new investor making light interior renovations to the units and increasing occupancy in order to further enhance revenue. Upon a future exit, the Property provides investors the flexibility either to sell homes individually at full market or retail value to capitalize on the strong Duplex and Townhome demand or to exit as a rental portfolio.
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Location
State TX
County Collin
Direction Access via East College Street
Interior
Interior Features Built-in Features,Walk-In Closet(s)
Heating Electric
Cooling Central Air,Ceiling Fan(s)
Flooring Wood
Fireplace No
Appliance Convection Oven,Electric Range,Refrigerator
Exterior
Parking Features Garage
Pool None
Utilities Available Sewer Available,Water Available
Water Access Desc Public
Roof Type Shingle
Accessibility ADA Compliant
Total Parking Spaces 11
Garage Yes
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
High Schools Lovelady
School District Princeton Isd
Others
Tax ID 2655859
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21003060