An income producing commercial space in a growing area W great visibility. Long term tenant W great cash flow. Currently has a positive cash flow with 3 of 4 spaces leased & doubling the income W the fourth space leased. Close proximity to Cedar Creek Lake in Seven Points on highly visible street of Seven Points Blvd-TX 274. Surrounding cities are Krum, Gun Barrel, Malakoff, & Trinidad. Brick building W 9-10 ft. high tile ceiling & metal roof W plenty of parking. Total of 4 spaces, 3 units are already leased & 4th unit W 2600 sq. ft. currently available for lease for $1000 per month. Total potential gross income is $36000 annually W expenses of $9000 resulting in Potential net income of $25,000 annually.
Based on the average sale price from the Bonham, TX office
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
430 S Seven Points Drive Kemp, TX is a Single Family Home for sale at $179900 with 6104 sqft and a lot size of 0.81 Acres Acre(s). 430 S Seven Points Drive Kemp has 0 bedrooms, 0 baths and was built in 1987. The property's zip code is 75143 which is in Kemp, TX
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.