Address
2183 E Cherry Street, Paris, TX
Price
$ 1,890,000
Property Attributes
- MLS#20477572
- TypeMulti-Family
- CountyLAMAR
- CityParis
- NeighborhoodCity Of Paris
- Zip75460
- StyleApartment
- Year Built1978
- Taxes$ 16213
- Price$ 1,890,000
- Bedrooms34
- Full Bathrooms34
- Half Bathrooms0
- Lot Size0.963 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
This 34 unit complex in Paris was recently updated. All units are one bedroom. On-site laundry room also generates income. Occupancy rate of 94% over the past year. HVAC units in close to half of the units have been updated and as tenants have moved out a few units have been remodeled.
| Elementary School |
|---|
| Aiken Elementary School |
| Price History | |
|---|---|
| 11/21/2023 | Listed $1,990,000 |
| 4/2/2024 | 6% - $1,890,000 |
General Features
| Heating | Central |
|---|---|
| Complex Name | 2183 Cherry |
| Cooling | Ceiling Fan(s),Central Air |
| Utilities | City Sewer,City Water,Electricity Connected |
| Possession | Closing/Funding |
| Roof | Metal |
| Appliances | Electric Range,Microwave,Refrigerator |
| School District | Paris ISD |
| Capitalization Rate | 10.32 |
| Year Built | 1978 |
| Community Features | Laundry |
| Levels | One |
| Unexempt Taxes | 16213 |
| Will Subdivide | No |
| Gross Annual Expenses | 51900.00 |
| Property SubType | Apartment |
| Subdivision Name | City Of Paris |
| Insurance Expense | 7400 |
| Occupant Type | Tenant |
| County | Lamar |
| Operating Expense Includes | Insurance,Trash,Water/Sewer |
| Property Type | Residential Income |
| Construction Materials | Brick |
| Year Built Details | Preowned |
| Accessory Unit Type | Other |
| Accessory Unit YN | Yes |
| HOA Type | None |
| # of Buildings | 4 |
| Status | Active |
| Directions | GPS Accurate |
| City | Paris |
| Buyer Agent Compensation | 3 |
| Elementary School Name | Aiken |
| High School | Paris |
| Street Name | Cherry |
| Elementary School | Aiken |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20477572 |
| Standard Status | Active |
| Junior High School | Travis |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Other |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Occupancy Rate | 94 |
| Total Units | 34 |
| Unit Count | 1 |
| Full Baths | 1 |
| Lock Box Type | See Remarks |
| Street Suffix | Street |
| Total Bedrooms | 1 |
Exterior Features
| Lot Size Source | Public Records |
|---|---|
| Parking Features | Open |
| Lot Size | .5 to < 1 Acre |
| Foundation | Slab |
| Lot Size Area | 0.9630 |
| Number Of Parking Spaces | 34 |
| Lot Size Units | Acres |
| Building Area Total | 15023.00 |
| Lot Size Square Feet | 41948.2800 |
| Lot Size Acres | 0.9630 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 75460
Price
Taxes
Visits
Year Built
Walkscore
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
