$1,100,000
- Beds
- Unknown
- sq ft
- 9,065
517-523 S Travis St, Sherman, TX 75090
517-523 S Travis St
Sherman, TX 75090
- 235 days on market
- Price drop $75,000↓
This stabilized multifamily property is an ideal investment opportunity. Boasting 100% occupancy and an average of 97.5% over the past five years, the property is well-positioned in a prime location with convenient access to the downtown square and major highways. It features a diverse unit mix, including large efficiencies, 1-bedroom, and 2-bedroom apartments, with the added convenience of on-site laundry and washer-dryer hookups in the 2-bedroom units. Residents enjoy ample parking, and recent improvements include new roofs installed in September 2024, a new fence along the south side in August 2024, and a new stairwell for the duplex added in September 2024. Currently self-managed by the owner, this property offers a secure, income-generating investment with consistent occupancy in a high-demand area.The Welling Apartments is comprised of 13 units blocks away from Downtown Sherman, TX.
Details
Property type
Apartment
Lot size
0.251 acres
Price per sq ft
$122
Year built
1946
Price History
11/07/2024
NTREIS #20576286
Price change
$1,100,000
-6.38%
10/10/2024
NTREIS #20576286
Listed
$1,175,000
07/15/2024
NTREIS #20576286
Pending
$1,175,000
Schools & Community
Elementary school:
Washington
Middle school:
Piner
High school:
Sherman
School district:
Sherman ISD
Status: Active
Tomo last checked: 11/24/2024 at 12:35 AM
Listing updated: 11/07/2024 at 9:07 AM
Listed by: Jacqueline Green, Vissute Real Estate, LLC Phone #: (214) 882-0398
MLS: NTREIS #20576286
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