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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Shadydell
MLS Listing ID 20478874
Sold Date 01/12/24
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N None
Total Fin. Sqft 4622
Year Built 1985
Lot Size 0.307 Acres
Acres 0.3067
Property Description
Offering 2-story great brick fourplex with 100% occupancy. Nice floorplans with wood burning fireplaces, private fenced patios, covered parking and storage spaces. All kitchen appliances included.
INCOME GENERATING PROPERTY in great condition. Each unit has 2 bedrooms with a full bathroom upstairs, downstairs offers the kitchen, spacious living, a half bath and a laundry area with full size washer and dryer connections. Each unit has 2 covered parking spaces in the rear of the building. The current average effective rent $1250, whereas the average market rent is $1400 as these units are upgraded with fresh paints, new flooring. All occupied tenants are on annual lease and it will be a great opportunity to increase rent to generate more income during the lease renewals to improve the cashflow.
Location
State TX
County Tarrant
Direction PLEASE FOLLOW GPS
Interior
Interior Features Walk-In Closet(s)
Heating Electric
Cooling Electric
Flooring Carpet, Ceramic Tile, Laminate
Fireplaces Type Living Room
Appliance Dishwasher, Electric Range, Microwave, Refrigerator
Heat Source Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Asphalt
Parking Type Carport
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
Ownership Ask Agent
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Financing Conventional
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Bought with Hang Vo • Universal Realty, Inc
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