2180 E Cherry Street

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

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

Tish FerryReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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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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