Description
Bring offers! Motivated seller also offering 1% toward rate buydown, with partnering lender offering another 1% for 2% reduced rate in year 1 and 1% in year 2. See Transaction Desk for details. Quadplex is located within 2 miles of Bishop Arts. Situated in Winnetka Heights, the property features all 1 bed, 1 bath units with wood floors. Three out of 4 units are updated with granite countertops, kitchen backsplash, two-tone paint, and more. Roof replaced in 2021. When including utility and pet income, total gross rents are as follows: Unit A ($1,270), Unit B ($1,460), and Unit C ($1,510). Unit D is vacant, providing an opportunity for a new owner to bring rents up to market or live in one unit. Tenants pay for their own electricity and are billed back $75 for water, sewer and trash. There is potential to explore adding one more unit or a laundry facility by converting the storage unit in the back. See Transaction Desk for Rent Roll, repairs, seller expenses and survey.
-
4BEDS
-
0.18ACRES
-
4BATHS
-
01/2 BATHS
School Information
Description
Bring offers! Motivated seller also offering 1% toward rate buydown, with partnering lender offering another 1% for 2% reduced rate in year 1 and 1% in year 2. See Transaction Desk for details. Quadplex is located within 2 miles of Bishop Arts. Situated in Winnetka Heights, the property features all 1 bed, 1 bath units with wood floors. Three out of 4 units are updated with granite countertops, kitchen backsplash, two-tone paint, and more. Roof replaced in 2021. When including utility and pet income, total gross rents are as follows: Unit A ($1,270), Unit B ($1,460), and Unit C ($1,510). Unit D is vacant, providing an opportunity for a new owner to bring rents up to market or live in one unit. Tenants pay for their own electricity and are billed back $75 for water, sewer and trash. There is potential to explore adding one more unit or a laundry facility by converting the storage unit in the back. See Transaction Desk for Rent Roll, repairs, seller expenses and survey.
© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mack Group - Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Mack Group - Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-09-07T18:43:14.657.
Listing information © 2024 North Texas Real Estate Information System.