UPDATED:
09/20/2024 10:10 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Cambridge Add
MLS Listing ID 20703199
Bedrooms 8
Full Baths 8
HOA Y/N None
Total Fin. Sqft 3284
Year Built 1985
Annual Tax Amount $10,343
Lot Size 0.251 Acres
Acres 0.251
Property Description
All four units in this property have undergone extensive renovations, with over $40k in recent updates, ensuring modern and appealing living spaces for tenants. Each unit features 2 bedrooms and 2 full baths, complete with refrigerator, stove, and dishwasher. Additionally, all units are equipped with washer and dryer connections, enhancing tenant convenience and appeal. All units are individually metered, fully electric (no gas). The roof was replaced in 2016. Current rents for the 2bed 2bath units range from $1,000 to $1,050, with similar units in the complex renting up to $1,200. Three units are currently occupied, and one unit is freshly vacated and ready for a new tenant, making this an excellent opportunity for immediate cash flow.
Don't miss this chance to invest in a well-maintained property with strong rental income potential.
Location
State TX
County Tarrant
Direction 1601 Mary K Ln, White Settlement
Interior
Interior Features Other
Heating Electric
Cooling Electric
Flooring Carpet, Luxury Vinyl Plank, Tile
Appliance Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Heat Source Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Shingle
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Frame,Siding
Schools
Elementary Schools Liberty
Middle Schools Brewer
High Schools Brewer
School District White Settlement Isd
Others
Ownership 6Ton Properties LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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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.