UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,594 sqft
Price per Sqft $181
Subdivision Walnut Gardens
MLS Listing ID 20982660
Bedrooms 12
Full Baths 8
Half Baths 4
HOA Y/N None
Total Fin. Sqft 6594
Year Built 1969
Annual Tax Amount $16,367
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Quadruplex
Property Description
One of the standout features of this property is the very attractive assumable loan of only $630,000 at an incredible 2.75% interest rate, offering substantial savings and instant equity for savvy buyers. The property is already income-producing with one upgraded unit currently renting at $2,300 month, and rent.com indicates the potential to reach up to $2,600 a month with further upgrades. With three units still left to update, there's significant upside in both rent and overall property value. Whether you're expanding your portfolio or seeking a low-maintenance income producer, this property stands out with its great location, long-term value, and unbeatable location.
Location
State TX
County Dallas
Direction Use GPS
Interior
Interior Features Other
Heating Natural Gas
Cooling Central Air, Electric
Flooring Carpet, Combination, Luxury Vinyl Plank
Appliance Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Carport Spaces 8
Utilities Available City Sewer, City Water
Roof Type Shingle
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Siding
Schools
Elementary Schools Degolyer
Middle Schools Marsh
High Schools White
School District Dallas Isd
Others
Ownership Dami
Acceptable Financing Assumable, FHA Assumable
Listing Terms Assumable, FHA Assumable
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20982660
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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.