Unique investment opportunity with a structured leaseback in place. The sale includes a mandatory leaseback to the current occupant, which is not optional, and the buyer must agree to the lease terms as part of the purchase. The lease is intended to be long-term, making this an ideal option for… Read More a buyer seeking stable, long-term income rather than immediate occupancy. The transaction is subject to court approval for both the sale and the leaseback agreement, which may impact timing. Leaseback terms will be incorporated into the purchase contract, and buyers should be prepared to complete a background check as part of the approval process. The transaction process will be more structured than a typical sale due to third-party approvals. There is no expectation of immediate major upgrades by the buyer, and rental payments are expected to be supported through an established financial structure. Read Less
Courtesy of Surge Real Estate, Nick Surguine.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Partial Baths
1
Square Ft.
2,248
Lot Size
0.19 Acres
Year Built
1965
MLS Number
21252780
Additional Details
Building
Built in 1965, Architectural style: Ranch, Detached, Construction materials: Brick, Rock, Stone, WoodSiding, Levels: One, 1, Structure type: House
Fence
Wood
Fireplaces
Other, 1 total fireplace
Garage
2 garage spaces
Lot
0.188 acres, 8,189 sqft
Parking
2 covered spaces, AlleyAccess, GarageFacesRear
Pool
None
Roof
Composition, Shingle
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable
Windows
WindowCoverings
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All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor website owner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Listing data last updated: Eastern
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