517 S Travis St
Sherman, TX 75090
0.25 acres | #20576286
Description
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.
Interior Details
- InteriorBuilt-in Features
Property Details
- Acres0.2510
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1946
Material information
- FoundationCombination, Pillar/Post/Pier, Slab
Utilities / Energy Details
- Utility FeaturesCity Sewer, City Water, Individual Gas Meter, Individual Water Meter
Community and Neighborhood Details
- SubdivisionG-0056
Location
- School DistrictSherman ISD
- Elementary SchoolWashington
- CountyGrayson
Other
- MLS #20576286
Location
Legal
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Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Jacqueline Green (#0408050), Phone: (214) 882-0398
Listing Office: Vissute Real Estate, LLC (#VISSU01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
