UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Shadydell
MLS Listing ID 20568481
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N None
Total Fin. Sqft 4352
Year Built 1985
Lot Size 0.290 Acres
Acres 0.2901
Property Sub-Type Quadruplex
Property Description
INCOME GENERATING PROPERTY in great condition. Each unit has 2 bedrooms with a full bathroom upstairs, downstairs offers the kitchen, spacious living, a half bath and a laundry area with full size washer and dryer connections. Each unit has 2 covered parking spaces in the rear of the building. The current average effective rent $1250+, whereas the average market rent is $1500 plus.
All occupied tenants are on annual lease and it will be a great opportunity to increase rent to generate more income during the lease renewals to improve the cashflow.
DO NOT DISTURB TENANTS! *Showings will not be allowed unless the offer is executed and the proof of funds are submitted*
Location
State TX
County Tarrant
Direction PLEASE FOLLOW GPS
Interior
Interior Features Walk-In Closet(s)
Heating Electric
Cooling Electric
Flooring Carpet, Ceramic Tile, Laminate
Fireplaces Type Living Room
Appliance Dishwasher, Electric Range, Microwave, Refrigerator
Heat Source Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Asphalt
Garage No
Building
Story Two
Foundation Other
Level or Stories Two
Structure Type Brick,Siding
Schools
Elementary Schools Greenfield
Middle Schools Ed Willkie
High Schools Chisholm Trail
School District Eagle Mt-Saginaw Isd
Others
Ownership See Tax records
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20568481
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.