402 E Ash Street, Decatur

$550,000

6 Beds
0 Baths
.42 Acres
4 Garages

Impressive 2-story duplex that looks & feels like a townhome! 100% Leased & income producing, this property is an exceptional investment property! Situated on a corner lot, each unit's front of home, garage & driveway, are located on opposite sides of building, creating uber-privacy and is highly desirable for tenants. Property was built in 2009, is well insulated, & well maintained. Both units are 3 bed, 2.1 bath & 2-car garage, with a spacious layout of 1,294sf. Located in the flourishing town of Decatur, just 35 miles north of Ft. Worth & 24 miles west of Denton. Decatur is known for its small-town charm & big-box, city conveniences. Decatur's population is exploding at a rate of 30%, per EDC. Market rates continue to climb, with shortage of available rentals to keep up with the population growth. This investment property has a very bright income-producing future! This listing is for 1 duplex building, with 2 units. Seller has two more duplexes for sale: MLS #20513400, 20513584.

Essential Information
MLS® #20513357
Price$550,000
Bedrooms6
Bathrooms0.00
Full Baths4
Half Baths2
Acres0.42
Year Built2009
TypeResidential Income
Sub-TypeDuplex
StatusActive
Community Information
Address402 E Ash Street
SubdivisionProctor Add
CityDecatur
CountyWise
StateTX
Zip Code76234-1059
Room Dimensions
Garage1x1
Garage
# of Garages4
Parking Features
Parking Spaces6
Parking Features2-Car Single Doors, Driveway
Interior Features

Cable TV Available, High Speed Internet Available

Flooring
FlooringCarpet, Laminate
Exterior Other
Lot DescriptionCorner Lot
RoofComposition
ConstructionSiding
FoundationSlab
Exterior Features
Exterior FeaturesCovered Porch(es)
Utilities

Asphalt, City Sewer, City Water

Heating / Cooling
Heating/CoolingCentral
Lot Description
Lot DescriptionCorner Lot
School Information
DistrictDecatur ISD
ElementaryRann
MiddleDecatur
HighDecatur
Listing Details
AgentJeanie Cline
OfficeAirSpace
Office Contact817-394-3906
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Listing information last updated on April 28th, 2024 at 11:00pm CDT.