2183 East Cherry Street

Paris, TX 75460

$1,890,000
Price
1
Beds
1
Bath
15,023 Sq. Ft.
$126 / Sq. Ft.
15,023
Sq. Ft.
$126
per Sq. Ft.

Description

This 34 unit complex in Paris was recently updated. All units are one bedroom. On-site laundry room also generates income. Occupancy rate of 94% over the past year. HVAC units in close to half of the units have been updated and as tenants have moved out a few units have been remodeled.This 34 unit complex in Paris was recently updated. All units are one bedroom. On-site laundry room also generates income. Occupancy rate of 94% over the past year. HVAC units in close to half of the units have been updated and as tenants have moved out a few units have been remodeled.
  1. Listed by Lydia Fitzgerald • TREC #0604954 • Coldwell Banker Regional Realty

Property Details for 2183 East Cherry Street

Subdivision Name
City Of Paris
Pool
No
Number Of Parking Spaces
34

Location

Listing Courtesy of Coldwell Banker Regional Realty, Lydia Fitzgerald
Add your commute
LISTING UPDATED: 04/02/2024 01:48 PM

Property Details for 2183 East Cherry Street

StatusActive
MLS #20477572
Days on Market182
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built1978
Lot Size0.96 AC / 41,948 SF
CountyLamar County

Location

Listing Courtesy of Coldwell Banker Regional Realty, Lydia Fitzgerald
Add your commute

Building Information for 2183 East Cherry Street

Stories1Residences34Year Built1978Building Size-Lot Size0.96 AC / 41,948 SF

Payment Calculator

$11,308 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,315

Property Taxes

$993

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2183 East Cherry Street

Summary
Location and General Information
  • Block: 258-A
  • Community Features: Laundry
  • Complex Name: 2183 Cherry
  • Directions: GPS Accurate
  • Elementary School: Aiken
  • Elementary School Name: Aiken
  • High School: Paris
  • High School Name: Paris
  • Intermediate School: Crockett
  • Junior High School: Travis
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Paris ISD
  • Geocode Confidence: High
  • Latitude: 33.67
  • Longitude: -95.53
  • State: Texas
Parking
  • Parking Features: Open
Taxes and HOA Information
  • Tax Legal Description: CITY OF PARIS, BLOCK 258-A, LOT 4-A, 2183 E C
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 4-A
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Luxury Vinyl Plank
  • Heating: Central
  • Interior Features: Other
  • Appliances: Electric Range, Microwave, Refrigerator
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Metal
  • Horse Permitted: No
  • Number Of Units Total: 34
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Connected
Property and Assessments
  • Accessory Unit Type: Other
  • Accessory Unit: Yes
  • Accessory Unit Square Feet: 1199
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size: .5 to < 1 Acre
  • Lot Size Acres: 0.963
  • Lot Size Area: 0.963
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 41948.28
  • Multi Parcel ID: No
  • Parcel Number: 18263
Multi Family
Multi-Family Information
  • Number Of Buildings: 4
  • Capitalization Rate: 10.32%
  • Gross Annual Expenses: $51,900
  • Gross Annual Income: $254,400
  • Insurance Expense: $7,400
  • Total Annual Expenses Include: Insurance, Trash, Water/Sewer
  • Net Operation Income: $195,000.00
Unit 1
  • Approximate SQFT: 432.0
  • Average Lease Amount: $600.00
  • Dining Area Length: 1.0
  • Dining Area Width: 1.0
  • Kitchen Length: 1.0
  • Kitchen Width: 1.0
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Master Bed Length: 1.0
  • Master Bed Width: 1.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 34

Property History for 2183 East Cherry Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2183 East Cherry Street

Taxable ValueLand$22,600Additions$766,590Total$789,190
Tax Record2022$11,921 ($993 / month)
Home Facts
Total Finished SqFt3,456 SqFtAbove Grade Finished SqFt3,456 SqFtLot Size9,630 SqFtStyleMiscellaneous CommercialYear Built1978CountyLAMARAPN18263

Schools near 2183 East Cherry Street

This home is within Paris Independent School District.
Rating
School
Type
Grades
Distance
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Crockett Intermediate School
Public5 to 6

Paris J High School
Public7 to 8

Paris High School
Public9 to 12

Aikin Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2183 East Cherry Street is a multi-family home for sale in Paris, TX 75460. This property was listed for sale on November 15, 2023 by Coldwell Banker Regional Realty, it's currently listed at $1,890,000. This listing's school district is Paris Independent School District. Nearby schools include Crockett Intermediate School, Paris J High School and Paris High School. 2183 East Cherry Street is a 1-bed, 1-bath, 15,023 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Regional Realty, Lydia Fitzgerald

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 04/02/2024 01:48 PM