UPDATED:
11/12/2024 05:29 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Blk 737 Tr 3
MLS Listing ID 20745234
Bedrooms 8
Full Baths 8
HOA Y/N None
Total Fin. Sqft 5812
Year Built 1923
Lot Size 9,713 Sqft
Acres 0.223
Property Description
A great candidate for a 1031 exchange to avoid the tax man! Owner also has assumable VA loan, 4.125% rate!
This income producing quadplex, 100% occupied property is an attractive property for potential tenants! The property has seen an increase in rent over 10% in the last calendar year, with great future potential as more people move to the metroplex.
Each unit has updated bathrooms and kitchens with private entrances - an ideal setup for rentability in the area. These units are turnkey ready, as they are all beautifully appointed. Owner currently lives in one of the units - but others have long term leases in place for guaranteed cash flow.
Parking included behind the building, with a gated entrance for a security and seclusion for your potential tenants.
All information to be verified by buyer and buyer agent. This property consists of two different structures, each containing two units. Please text agent to arrange showings.
Location
State TX
County Dallas
Direction Exit HWY 75 for Bryan St, turn right on Texas St, then left on Live Oak St, go straight until turning right on N Carroll Ave, then turn left on Sycamore. Quadplex is on the right.
Interior
Interior Features Decorative Lighting, Granite Counters, High Speed Internet Available
Heating Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Laminate, Wood
Fireplaces Type Living Room, Wood Burning
Appliance Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
Heat Source Natural Gas
Exterior
Fence Perimeter
Utilities Available City Water, Electricity Available, Individual Gas Meter, Individual Water Meter, Phone Available
Waterfront Description Creek
Roof Type Composition
Garage No
Building
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Chavez
Middle Schools Spence
High Schools North Dallas
School District Dallas Isd
Others
Ownership See Records
Acceptable Financing 1031 Exchange, Cash, Contract, Conventional, FHA, Other
Listing Terms 1031 Exchange, Cash, Contract, Conventional, FHA, Other
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