111 W 6th Street, Irving, Texas 75060

$425,000
List Price
$425,000
MLS#
20137727
Status
ACTIVE
Type
Commercial
Year Built
1953
Construction Status
Preowned
Acres
0.09
County
Dallas
City
Irving
Subdivision
Browns 03

Property Description

Great Investment Opportunity! This Commercial Property comes with a small Retail Store and 2 Rental Units. All units are currently occupied with long time Tenants on Month to Month Leases. Located on a well traveled street in Irving's Heritage Crossing. The Retail building has a nice show room,small office area, storage and 2 restrooms. Parking is located in front and Rental parking is on the East side. Updates include Roof, HVAC ,Electric Panels,Water lines, HWH & Foundation. The rental unit directly behind Retail is a 2 bedroom, 1 bath. The back unit is a 1 bedroom, 1 bath. Both units have been updated.

Additional Information

Unexempt Taxes
$2,056
Average Monthly Lease
1800
Annual Insurance
723
Total Annual Expenses
Insurance, Utilities
Gross Annual Expenses
9480
Gross Annual Income
22800
Tenant Pays
Cable TV, Electricity
Lot Size
3,833
Acres
0.09
Lot Description
Interior Lot
Subdivided
No
Flooring
Linoleum, Luxury Vinyl Plank
Foundation
Pillar/Post/Pier, Slab
Roof
Composition
Building Stories
1
Walls
Paneling, Texture
Ceiling Height Type
8 to10 Feet
Street Utilities
Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Natural Gas Available, Sidewalk
Heating Cooling
Central
Construction Material
Brick, Siding
Parking Garage
Gravel, Open, Shared Driveway
Road Frontage Desc
City Street, Curbs/Gutters
Possession
Closing/Funding
Building Sq. Ft.
1911
Number of units
3
Leasable Sq Ft
1911
Building Use
Building Services, Food Service, Laundromat, Medical, Office, Retail, Other
Zoning
Mixed Use-Residential
Multi Zoning
Yes
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Debbie Weldon from Jack Spurlock & Associates. Contact: 972-259-8558