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Marissa Fontanez

[email protected] +1(214) 789-9187

$650,000

Est. payment - /mo

8 Beds

8 Baths

0.29 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Shadydell

MLS Listing ID 21294849

Bedrooms 8

Full Baths 4

Half Baths 4

HOA Y/N None

Total Fin. Sqft 4352

Year Built 1985

Lot Size 0.286 Acres

Acres 0.2856

Property Sub-Type Quadruplex

Property Description

INCOME-generating 2-story brick fourplex offered at 100% occupancy. Each unit features a functional 2-bedroom, 1.5-bath floor plan with both bedrooms and a full bath upstairs, plus a kitchen, spacious living area with wood-burning fireplace, half bath, and laundry area with full-size washer-dryer connections downstairs. Each unit also includes kitchen appliances, a private fenced patio, rear covered parking with 2 spaces per unit, and storage.

The property is in great condition with stable annual leases in place. Current average effective rent is approximately $1,300 per unit, while market rents are estimated at $1,500+ per unit, creating a strong opportunity to increase income upon lease renewals and improve cash flow.

Do not disturb tenants. Showings will only be permitted after an executed offer and submission of proof of funds.

Location

State TX

County Tarrant

Direction PLEASE FOLLOW GPS

Interior

Interior Features Walk-In Closet(s)

Heating Electric

Cooling Electric

Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank

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

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Other

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Other

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21294849

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Sofiya Begum Abdul Jameel • My Dream Home Helpers Realty

NEARBY SCHOOL & BUSINESS

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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.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

5909 SHADYDELL Drive Fort Worth, TX 76135

Marissa Fontanez

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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5909 SHADYDELL Drive

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