$385,000
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114 N Washington Street Kaufman, TX 75142
5,800 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,800 sqft
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 Sub-Type Mixed Use
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
Financing Cash
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Bought with Non-Mls Member • NON MLS