Property
Beds
4
Full Baths
4
1/2 Baths
None
Year Built
1924
Sq.Footage
N/A
This 4,284 square-foot, fully leased four-plex presents an excellent investment opportunity with an estimated 7.3% cap rate, based on month-to-month leases with normalized rents. The property has been extensively renovated, including updates to the electrical system (four meters), plumbing (one water meter), roof, foundation, and central HVAC. Interior improvements feature new cabinetry, millwork, flooring, and windows. Additionally, the property includes a tiny home at the rear, which can serve as an office, and a three-car garage for tenants. Strategically located just off Interstate 30, the property is situated in a densely residential area near Baylor Scott & White Hospital and various retail establishments. The landlord conducts monthly inspections to ensure proper maintenance of each unit.
Features & Amenities
Interior
-
Other Interior Features
Other
-
Total Bedrooms
4
-
Bathrooms
4
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
3
-
Construction Materials
Brick
-
Parking
Driveway, Garage, On Site, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.23
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$949,000
-
Tax Amount
13738.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Zaragoza
-
Middle School
Long
-
High School
North Dallas
Property Features
-
Foundation Details
Pillar/Post/Pier
-
Sewer
Public Sewer
-
Tax Lot
22
-
Water Source
Public
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Location
County
Dallas
Elementary School
Zaragoza
Middle School
Long
High School
North Dallas
Listing Courtesy of Ross Miller , M&D CRE, LLC
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