TODAY ONLY, OPEN HOUSE 10AM-12PM. Excellent investment opportunity in Garland! 2725 Patricia Lane is a well-positioned quadplex offering four 2-bedroom, 1-bath units, creating a strong setup for an investor seeking income-producing multifamily in an established Dallas County location. Each unit offers a practical floor plan with comfortable living space, functional… Read More kitchens, and rental-friendly finishes. Select units have been previously marketed with wood-look flooring, updated light fixtures, bright kitchens, appliance packages, and washer-dryer connections. The property features off-street rear parking and a convenient location near major routes, with access to Downtown Garland, shopping, dining, public transit options, area parks, and employment centers throughout Garland and East Dallas. Two units at $1,195, one uint a $1,295 and the last at $1,095. This gives the next owner the opportunity to evaluate current leases, market rents, and future value-add potential. Whether you are expanding an existing portfolio or looking for a manageable four-unit asset in the DFW market, this property offers the fundamentals investors look for: multiple income streams, efficient unit mix, established rental demand, and a central Garland location. Buyer and buyer’s agent to verify all property details, leases, expenses, rent roll, schools, measurements, and condition. Read Less
Courtesy of eXp Realty LLC, Lucia Rushton.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Quadruplex
Beds
8
Full Baths
4
Lot Size
0.23 Acres
Year Built
1981
MLS Number
21323869
Additional Details
Appliances & Equipment
ElectricCooktop, ElectricOven
Building
Built in 1981, Construction materials: Brick, Levels: Two, 1 building, 2, Toal building area: 3564
Cooling
CentralAir, CeilingFans, Electric
Expenses
Insurance: $6,333
Floors
CeramicTile, Laminate
Heating
Central, NaturalGas
Income
Gross income: $53,169, Net operating income: $36,839
Interior Features
CableTv
Lot
0.235 acres, 10,237 sqft
Parking
8 total parkings, Asphalt, Common
Pool
None
Roof
Composition
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable, CableAvailable
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