Kaufman, TX 75142,114 N Washington Street
$385,000
Est.Price: ?

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5,800 SqFt

114 N Washington Street Kaufman, TX 75142

Est. payment /mo
SOLD DATE : 01/28/2021

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 5,800 sqft

Price per Sqft $66

Subdivision Kaufman Original

MLS Listing ID 14458377

Sold Date 01/28/21

Total Fin. Sqft 5800

Year Built 1900

Annual Tax Amount $9,364

Lot Size 3,441 Sqft

Acres 0.079

Property Description

Own a piece of history with this beautiful, income producing, multi-use property located on the downtown Kaufman square. Complete renovation was completed in 2008 with a Silicone roof overlay in 2020. The first floor is leased as a retail-boutique. The second floor consists of a 2-1 residential apartment (currently leased) and two commercial offices (one is leased, and the other is available for lease). A second floor bathroom installation is currently in progress for the upstairs office tenant's use. All rents can be increased at lease renewal. Cap rate at ~10% when fully leased. Property Info: Number of Units: 4 (not 6, since we are converting three offices into one and adding a bathroom).

Location

State TX

County Kaufman

Community Curbs

Zoning COM

Direction The property is located 35 minutes from downtown Dallas. Get on the I-45 S exit, then the US-175 E toward Kaufman. Take the TX-243 exit, which will then hit N. Washington St.

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Concrete, Wood

Appliance Electric Water Heater

Heat Source Central, Electric

Exterior

Community Features Curbs

Utilities Available Alley, Asphalt, City Sewer, City Water, Concrete, Curbs

Roof Type Other

Street Surface Asphalt,Concrete

Garage No

Building

Foundation Slab

Structure Type Brick,Rock/Stone

Others

Ownership GRIFFIN FAMILY VENTURES, LLC

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Jack Mclemore • Listing Results, LLC
Bought with Non-Mls Member • NON MLS

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Carol Butera, MRP

Agent | License ID: 804671

+1(469) 425-2227

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