701 E Elm ST Active Save Request In-Person Tour Request Virtual Tour
Hillsboro,TX 76645
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,247 sqft
Price per Sqft $160
Subdivision Parks
MLS Listing ID 21072727
Style Detached
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1945
Annual Tax Amount $1,952
Lot Size 7,797 Sqft
Acres 0.179
Property Sub-Type Single Family Residence
Property Description
Turnkey Investment property! The main house is 2bed 2bath and rented long term at $1,250 per month and the ADU is 1bed 1bath and is rented long term for $600 per month, providing $22,200 annually with a gross cap rate of 9.66%! Low maintenance setup with excellent rental history! New roofs in 2022. Amazing location, close access to I-35 and downtown Hillsboro, easy commute to Waco and Fort Worth. Do not miss out on this rare opportunity!
Location
State TX
County Hill
Direction On the corner of Elm Street and Park Street.
Rooms
Other Rooms Residence
Interior
Interior Features High Speed Internet,Open Floorplan,Cable TV,Natural Woodwork
Fireplace No
Appliance Some Gas Appliances,Dryer,Gas Cooktop,Gas Oven,Gas Range,Plumbed For Gas,Washer
Exterior
Parking Features Covered,Detached Carport,No Garage
Carport Spaces 1
Pool None
Utilities Available Electricity Connected,Natural Gas Available,Sewer Available,Separate Meters,Underground Utilities,Water Available,Cable Available
Water Access Desc Public
Street Surface Asphalt
Porch Covered
Garage No
Building
Dwelling Type House
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Residence
Schools
Elementary Schools Hillsboro
High Schools Hillsboro
School District Hillsboro Isd
Others
Tax ID 114255
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21072727