$999,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
0.23
Open Houses
-
year built
1924
Full Baths
0
Half Baths
0
This 4,284 square-foot, fully leased four-plex presents an excellent investment opportunity with an estimated 6.50% cap rate, based on month-to-month leases with normalized rents. The property has been extensively renovated, including updates to the electrical system (four meters), plumbing (one water meter), roof, foundation, and central HVAC. Interior improvements feature new cabinetry, millwork, flooring, and windows. Additionally, the property includes a tiny home at the rear, which can serve as an office, and a three-car garage for tenants.
Strategically located just off Interstate 30, the property is situated in a densely residential area near Baylor Scott & White Hospital and various retail establishments. Please note that showings will be permitted only after the property is under contract. The landlord conducts monthly inspections to ensure proper maintenance of each unit.
Location | |
Subdivision | Peaks Sub |
County | Dallas |
Elementary School | Zaragoza |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 20866406
Listing agent:
Ross Miller
#0802154
Listing broker:
M&D Real Estate Lp
(972) 772-6025
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Tuesday, April 22 2025 at 2:58 p.m. EDT
Kotohomes National
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