$365,000
$365,000
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403-405 N Burdette AVE Sherman, TX 75090
6 Beds
4 Baths
2,414 SqFt
Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,414 sqft
Price per Sqft $151
Subdivision Belmont Addition Replat, Lot 40-R,
MLS Listing ID 20873844
Sold Date 05/09/25
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 2005
Annual Tax Amount $6,482
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Duplex
Property Description
Turnkey Income-Producing Duplex in Prime Sherman Location! Investors, take note! This fully leased duplex at 403-405 N Burdette Ave offers an incredible opportunity to step into a cash-flowing property with long-term tenants already in place. Each unit features 3 bedrooms, 2 bathrooms, over 1,200 sq. ft. of living space per unit and stable rental income:
Unit 403: Leased at $1,425 per month - through 5-31-2025
Unit 405: Leased at $1,450 per month - since 2023, through 4-30-2025
Located near major shopping, dining, and downtown Sherman, this duplex is in a high-demand rental area, making it a smart addition to any portfolio. Great residents, great location, and strong rental history-don't miss this one!
Fully leased and part of a potential package deal, this property presents a ready-to-go income stream for savvy investors looking for immediate returns and future growth. No sign in yard. DO NOT DISTURB TENANTS. No showings will be granted without offer to purchase.
Location
State TX
County Grayson
Direction N Hwy 75 Sherman, TX Take TX-91 S-Texoma Pkwy to Frisco Rd in Sherman 6 min (4.6 mi) Follow Frisco Rd, N Ross Ave and N Harrison Ave to N Burdette Ave 7 min (2.9 mi) 403 N Burdette Ave Sherman, TX 75090
Interior
Interior Features High Speed Internet
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Luxury Vinyl Plank
Fireplace No
Appliance Dishwasher, Electric Range, Microwave, Refrigerator
Exterior
Parking Features Driveway
Pool None
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Roof Type Composition
Total Parking Spaces 2
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Henry W Sory
Middle Schools Sherman
High Schools Sherman
School District Sherman Isd
Others
Tax ID 254965
Financing Cash
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