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212 N Mimosa St, Ore City, TX, 75683

16beds
8baths
6,720sqft
$389,000
$58price/sqft
$3,416/moest. monthly cost
$136,640/yrincome needed

About This Home

Turn-Key Investment Opportunity – 4-Unit Duplex Package. Two attractive two-story duplexes offering 4 units total. Each unit features1680 sq ft, 4 bedrooms, 2 bathrooms, a 2-car carport, fenced backyard, and covered front & back porches. Income Potential: all units currently leased long-term at $900-month each;$3,600-month in total rental revenue/$43,00/year. These are ready-to-go properties ideal for immediate cash flow. Perfect for investors seeking instant returns with minimal startup effort.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

3/10
6/10
Ore City Middle SchoolGrades 6-80.2 mi
6/10
Ore City High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Other/See Remarks
  • Construction materials: Siding,Cedar,Other/See Remarks

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 8

Features

  • Unit 1 Living Room,Unit 2 Living Room,Unit 3 Living Room,Unit 4 Living Room
  • Fireplace features: None

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Central Electric

Interior Area

  • Total structure area: 6,720
  • Total interior livable area: 6,720 sqft

Property

Details

  • Parcel number: 72295
  • Zoning description: Two Family Dwelling
  • Special condition: None

Lot

  • Lot size: 0.47 Acres

Parking

  • Parking features: Carport
  • Carport: Yes