180 Scarlett Road, Weatherford, Texas 76087

$550,000
13
BD
List Price
$550,000
MLS#
14635141
Status
ACTIVE OPTION CONTRACT
Type
Multifamily
Year Built
1968
Construction Status
Preowned
Bedrooms
13
Full Baths
9
Acres
4.052
County
Parker
City
Weatherford
Building Name
No Name

Property Description

GREAT INVESTMENT OPPORTUNITY. Income producing property. Tax record only shows sight built house on 4.050 acres. All mobile homes are personal property. Addressed as 140, 146,152, 156, 158, 164 and 170 Scarlett. Not included in gross income or square footage are two notes for owner financed mobile homes, 140 and 156, in the amount of $21342 over the next three years. Land space for an additional 4 RV lots. Property has site built house plus three rental mobile homes and two mobile homes that are owner financed. Two empty mobile lots 158 and 164 can either bring in two additional mobile homes or room for 4 plus rv's. This is a beautiful piece of rolling land with many large established trees.

Additional Information

HOA
No HOA
Annual Insurance
4321
Gross Annual Expenses
21539
Gross Annual Income
64694
Lot Size
176,505
Acres
4.052
Subdivided
Yes
Interior Features
Window Coverings
Foundation
Pier & Beam
Roof
Composition
Stories
1
Street Utilities
All Weather Road, Asphalt, Community Mailbox, Septic, Well
Heating Cooling
Central Air-Elec, Central Heat-Elec, Central Heat-Gas, Window Unit
Exterior
Covered Porch(es)
Construction Material
Brick, Siding
Parking Garage
Assigned Spaces
Total Num Parking
16
School District
Weatherford Isd
Elementary School
Curtis
Middle School
Hall
High School
Weatherford
Proposed Financing
Cash, Conventional
Building Sq. Ft.
5510
Number of bldgs.
8
Number of units
4
Occupancy Rate
100
Possession
Closing/Funding
Cap Rate
7.06

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty-FM.