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Listing provided courtesy of Keller Williams Johnson County- MLS# 21254567MLS ProviderContact Information: Elgina Parilla - 817-426-9800

109 E 4th StreetKeene, TX 76059

Multi-Family · 3,674 Sq. ft. | 0.85 Acres
$350,000 Active

109 E 4th Street Overview

Visits:
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Back in the market, buyers fails to get financing. Exceptional investment opportunity in the heart of Keene! This amazing fourplex is a turnkey income-producing asset ready for your portfolio. It sits on nearly 1 acre and offers immediate cash flows as all units are fully rented. Conveniently located near Southwestern Adventist University, ensuring strong consistent rental demand. The property features 4 spacious units with a total of 7 bedrooms and 4 bathrooms across 3866 sq ft. each boasting generous living spaces and central AC on unit A,B,D. A fifth unfinished unit currently use as storage and could possibly turn into another rental unit once it is finished.Property has their own water meters and electric meters. Only one gas meter for the whole unit for heating. Minerals will convey with a great offer. It has a great great backyard as it is almost an acre. So hurry and book your appointment a day before showings.

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109 E 4th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,674
  • Price/Sq.ft. $95
  • Lot 0.85 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Keene ISD
  • Elementary School: Keene
  • Middle Or Junior School: Keene
  • High School: Keene

Income/Expenses

  • Gross Income: 42000.0
  • Insurance Expense: 2000.0
  • Net Operating Income: 36500.0

Building Information

  • Year Built: 1970
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Johnson
  • Postal City: KEENE
  • Subdivision Name: Abst 114 Tr 28 BB

Tax Information

  • Tax Annual Amount: 8233.0

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 126011400280
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 3674.0

General Information

  • Accessibility Features: Accessible Approach with Ramp
  • Appliances: Dishwasher,Electric Oven
  • Flooring: Combination,Ceramic Tile,Engineered Hardwood
  • Foundation Details: Combination,Slab
  • Interior Features: Other
  • Levels: Two
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Assigned,Driveway,On Site,Deck
  • Parking Total: 4.0

Lot Information

  • Lot Size Acres: 0.85
  • Lot Size Area: 0.85
  • Lot Size Square Feet: 37026.0
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: See Remarks
  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Sewer Available,Water Available

Unit Information

Unit 4 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 3 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

109 E 4th Street Market Data

Based on the last 30 days in this zip code

$276,396
Average List Price
$159
Average Price per Square Foot
3
Properties Sold
96
Average Days on Market
55
Properties for Sale
Calculations provided by Reliance Network


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