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Listing provided courtesy of OmniKey Realty, LLC.- MLS# 21259360MLS ProviderContact Information: Mallory Adams - 972-480-8280

506 E 15thBonham, TX 75418

Multi-Family · 11 Beds · 4 Full Baths · 4,188 Sq. ft. | 0.17 Acres
$670,000 Active

506 E 15th Overview

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Fantastic investment package opportunity—perfect for investors seeking immediate cash flow! This package includes 4 single family properties all tenant-occupied. Recently renovated, these properties feature modern updates throughout, including granite countertops, durable luxury vinyl plank wood flooring, and updated kitchen and bathroom finishes. This package is ideal for investors looking for a cash-flowing rental property making it a turnkey addition to your rental portfolio. (Unit 1) 204 Graham Ave, Bonham - Lease Term: 10-29-26 at $1250 per month (Unit 2) 506 East 15th St, Bonham - Lease Term: 3-31-27 at $1150 per month (Unit 3) 1310 South 5th Street, Bonham - Lease Term: 4-30-27 at $1275 per month (Unit 4) 1916 Liberty St, Bonham - Lease Term: 5-31-26 at $1350 per month These properties are also available for individual sale.

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506 E 15th Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,188
  • Price/Sq.ft. $160
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Bonham ISD
  • Elementary School: Evans
  • High School: Bonham

Building Information

  • Year Built: 1943
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: BONHAM
  • Subdivision Name: Hunter Add

General Information

  • Disclosures: Owner Is Listing Agent
  • Exclusions: Current tenant belongings (as applicable) fridge, washer and dryer.
  • Listing Terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 11

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 4188.0

General Information

  • Appliances: Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Luxury Vinyl Plank
  • Foundation Details: Other
  • Interior Features: Built-in Features,Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,High Speed Internet,Cable TV,Walk-In Closet(s)
  • Levels: One
  • Security Features: Smoke Detector(s)
  • Stories: 1
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 4.0

Lot Information

  • Lot Features: Landscaped
  • Lot Size Acres: 0.172
  • Lot Size Area: 0.172
  • Lot Size Square Feet: 7492.32
  • Lot Size Units: Acres
  • Number Of Buildings: 4
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Other
  • Patio And Porch Features: Covered
  • Roof: Composition

General Information

  • Carport: No
  • Exterior Features: Private Yard
  • Fencing: Back Yard,Fenced
  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available,Cable Available

Unit Information

Unit 3 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 4 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Unit 1 Details

  • Unit Type: 4 Bedroom Or More
  • 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.

506 E 15th Market Data

Based on the last 30 days in this zip code

$358,581
Average List Price
$207
Average Price per Square Foot
8
Properties Sold
134
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network


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