Unit 1 is downstairs to the left a Two-bedroom one bathroom unit $1000 PM. Unit 2 downstairs to the right is a one bedroom and one-bathroom $850 PM. Unit 3 upstairs to the left is a 2 bedroom and two-bathroom unit with central air and gas… Read More heater $1100 PM. Unit 4 upstairs to the right is a one bedroom one-bathroom unit $850 PM. All units have been renovated within the past 4 years All bathrooms have been updated and have showers. Plumbing and electrical all up to date. Unit 3 has central air conditioning all other units have window units and space heaters. All units have current leases. Front Porch and Foundation have all recently been fully replaced beams and piers with warranty. Owner, seller is Real Estate broker. Please note pictures are 1- 2 years old and are just to show the renovation of each unit in the past 4 years. Roof is about 6 years old. Owner will finance at 8.5 % interest over 30 years with min 25% downpayment. Monthly payment $2306 + Insurance $250 PM + Property Tax = $3025 Per month payment Total income is $3800 per month leaves a net income of about $775 a month net or a Cap Rate of 7.75% Read Less
Courtesy of DFW Metro Housing, Colin Rosenthal.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Beds
6
Full Baths
5
Lot Size
0.17 Acres
Year Built
1890
MLS Number
21227047
Additional Details
Appliances & Equipment
GasRange, Refrigerator
Building
Built in 1890, Construction materials: VinylSiding, Levels: Two, 1 building, 2, Toal building area: 3838
Cooling
CentralAir, WindowUnits, WallWindowUnits
Expenses
Insurance: $5,000
Floors
Laminate
Heating
Central, SpaceHeater
Income
Gross income: $45,000, Net operating income: $35,000
Lot
0.172 acres, 7,492 sqft
Parking
4 total parkings, Common, OnStreet
Pool
None
Roof
Composition
Security Features
CarbonMonoxideDetectors, SmokeDetectors
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable
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