$1,300,000
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8 Beds
8 Baths
4,380 SqFt
SOLD DATE : 03/04/2020
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,380 sqft
Price per Sqft $296
Subdivision Faurplex Un 02 Bowser
MLS Listing ID 14184209
Sold Date 03/04/20
Bedrooms 8
Full Baths 8
HOA Y/N None
Total Fin. Sqft 4380
Year Built 1969
Annual Tax Amount $15,000
Lot Size 8,015 Sqft
Acres 0.184
Property Description
Located in Oaklawn residential district, this fourplex asset is an impressive revenue generating asset with limited resident requirements and maintenance services. Completely gutted and renovated in 2017, this building is perfect for the weekend management operator looking for incredible cash flow contributions. Delivering an incredible NOI of 6.65% at listed price, prior to debt service and property taxes. This fabulous investment apartment property delivers four large two bedroom floor plans (1100 sq. ft.) and two bathrooms including a large walk-in shower and master bath soaking tub. This is a fabulous investment opportunity, don't miss out!
Location
State TX
County Dallas
Community Gated
Direction Oaklawn to Holland.
Interior
Interior Features Cable TV Available, Decorative Lighting, High Speed Internet Available
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Ceramic Tile, Wood
Fireplaces Number 1
Fireplaces Type Wood Burning
Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed for Ice Maker, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Balcony
Fence Wrought Iron, Wood
Community Features Gated
Utilities Available City Sewer, City Water
Roof Type Tar/Gravel
Garage No
Building
Lot Description Few Trees, Interior Lot, Landscaped
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Milam
Middle Schools Rusk
High Schools North Dallas
School District Dallas Isd
Others
Ownership See Agent
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Scott Greenberg • RE/MAX DFW Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "