$675,000
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4 Beds
4 Baths
7,666 Sqft Lot
SOLD DATE : 10/04/2024
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Winnetka Heights
MLS Listing ID 20650854
Sold Date 10/04/24
Bedrooms 4
Full Baths 4
HOA Y/N None
Total Fin. Sqft 2384
Year Built 1930
Annual Tax Amount $15,707
Lot Size 7,666 Sqft
Acres 0.176
Property 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.
Location
State TX
County Dallas
Direction From 35E, go West onto W Twefth St, then North onto S Rosemont. Property will be to your left.
Interior
Interior Features Granite Counters, High Speed Internet Available
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Wood
Fireplaces Type Wood Burning
Appliance Dishwasher, Electric Range
Heat Source Central, Electric
Exterior
Utilities Available Cable Available, City Sewer, City Water
Roof Type Composition
Garage No
Building
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Wood
Schools
Elementary Schools Rosemont
Middle Schools Greiner
High Schools Sunset
School District Dallas Isd
Others
Ownership ROSEMONTAVE LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Conventional
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Bought with Amanda Richardson • eXp Realty LLC
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