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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Addition Replat, Lot 42-R,
MLS Listing ID 20873910
Sold Date 04/02/25
Bedrooms 6
Full Baths 4
HOA Y/N None
Total Fin. Sqft 2414
Year Built 2005
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Duplex
Property Description
Turnkey Income-Producing Duplex in Prime Sherman Location! Investors, take note! This fully leased duplex at 407-409 N Burdette Ave offers an incredible opportunity to step into a cash-flowing property with long-term tenants already in place. Each unit features 3 bedrooms, 2 bathrooms, over 1,200 sq. ft. of living space per unit and stable rental income:
Unit 407: Leased at $1,450 per month - since 2007 through 10-31-2025. We do not have current photos due to long-standing 18+ years.
Unit 405: Leased at $1,425 per month - since 2023, through 2-8-2026.
Located near major shopping, dining, and downtown Sherman, this duplex is in a high-demand rental area, making it a smart addition to any portfolio. Great residents, great location, and strong rental history-don't miss this one!
Fully leased and part of a potential package deal, this property presents a ready-to-go income stream for savvy investors looking for immediate returns and future growth. No sign in yard. DO NOT DISTURB TENANTS. No showings will be granted without offer to purchase.
Location
State TX
County Grayson
Direction N Hwy 75 Sherman, TX Take TX-91 S-Texoma Pkwy to Frisco Rd in Sherman 6 min (4.6 mi) Follow Frisco Rd, N Ross Ave and N Harrison Ave to N Burdette Ave 7 min (2.9 mi) 407 N Burdette Ave Sherman, TX 75090
Interior
Interior Features High Speed Internet Available
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Luxury Vinyl Plank
Appliance Dishwasher, Electric Range, Microwave, Refrigerator
Heat Source Central
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Siding
Schools
Elementary Schools Henry W Sory
Middle Schools Sherman
High Schools Sherman
School District Sherman Isd
Others
Ownership West Legacy, LLC
Financing Cash
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Bought with George Milos • Nord Realty LLC