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$350,000

675 20th Street NE Unit 655, Paris, TX, 75460

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths2,320 Sq Ft
TriplexTriplex
price_per_sqft$150.86 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range
FlooringConcrete

Exterior

Exterior FeaturesPrivate Entrance, Private Yard

About this property

Turnkey Investment Opportunity! Built in 2020, this income-producing triplex is ready for its next owner! Featuring three well-designed units, each offering 2 bedrooms, 2 full bathrooms, a living room, kitchen, pantry, walk-in closet, and a private, privacy-fenced backyard. Durable stained concrete floors and stainless steel appliances provide practical, low-maintenance finishes that tenants will appreciate. With six parking spaces and three separate living units, this property offers an excellent opportunity to expand your investment portfolio. There is also potential to increase rental income, with market rents estimated at approximately $1,200 per unit, subject to verification. Two units are currently occupied by month-to-month tenants, while the third has a one-year lease with rent paid through Ark-Tex. Whether you're looking to expand your rental portfolio or step into multifamily investing, this newer-construction triplex offers income potential, tenant flexibility, and desirable amenities. Don't miss the opportunity to make this property your next investment!

Investor Tools

$0Estimated Mortgage Balance
$350,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Jodie Downs

Greb Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Paris