Updated Fourplex in the Heart of Arlington – Excellent Investment Opportunity! Fantastic investment opportunity in a prime Arlington location, directly across from the General Motors plant, with easy access to Highway 360 and Arlington's thriving Entertainment District, including AT&T Stadium, Globe Life Field, and Texas Live! This updated fourplex features… Read More four renovated 2-bedroom, 1-bathroom units, offering tremendous flexibility and income potential. One unit has operated successfully as a short-term rental (Airbnb), generating approximately $25,000 in revenue from January 1 through September 30 (approx $30k annual income). Traditional long-term rental rates are approximately $1,100–$1,200 per unit per month. All four units are currently vacant, giving the next owner the rare opportunity to immediately implement their preferred investment strategy—short-term rentals, mid-term furnished rentals, traditional long-term leases, or a combination of all three. Three of the units include Washer and Dryers and Refrigerators. Read Less
Courtesy of Citiwide Alliance Realty Snezha Karns 214-326-0399.
Data source: NTREIS
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Beds
8
Full Baths
4
Square Ft.
3,030
Lot Size
0.17 Acres
Year Built
1983
MLS Number
21425809
Additional Details
Appliances & Equipment
Dryer, Dishwasher, ElectricOven, Washer
Building
Built in 1983, Year Built Details: Preowned, 1 building, Levels: Two, Construction Materials: Block, WoodSiding
Cooling
CentralAir
Expenses
Insurance: $1
Exterior Features
Patio/Porch Features: Balcony, Balcony
Floors
LuxuryVinylPlank
Foundation
Slab
Heating
Central
Income
Gross Income: $73,200, Net Operating Income: $1
Interior Features
EatInKitchen
Lot
0.17 acres
Parking
4 carport spaces, 4 total parking spaces, Concrete, OffStreet, OnStreet
