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Offering package sale of 10 Fourplexes townhomes (40 Units) , 2 stories Built year 1985 and Renovated 30 units in 2021,2022,2023 and 10 units can be improved to fetch higher rent to increase value. This will be a good Strategy Value-Add multifamily for the positive cash-flow. The current average effective rent $1300, whereas the average market rent is $1500 plus. All occupied tenants are on annual lease and it will be a great opportunity to increase rent to generate more income during the lease renewals to improve the cashflow. Great brick fourplex with 90% occupancy. Nice floorplans with wood burning fireplaces, private fenced patios, covered parking and storage spaces. All kitchen appliances included. Rentable Sqft 43520 Sqft, Total Land 3.16 Acres, Configuration 2 Bed and 1 ½ Bath. **Seller is willing to sell the individual fourplexes with quick closing** DO NOT DISTURB TENANTS! *Showings will not be allowed unless the offer is executed and the proof of funds are submitted*
| LAST UPDATED | 5/3/2024 | TRACT | SHADYDELL |
|---|---|---|---|
| YEAR BUILT | 1985 | COUNTY | Tarrant |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Eagle MT-Saginaw ISD |
|---|---|
| Elementary School | Greenfield |
| Jr. High School | Ed Willkie |
| High School | Chisholm Trail |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Range, Microwave, Refrigerator |
| BUYER'S BROKERAGE COMPENSATION | 2 |
| CONSTRUCTION | Brick |
| FIREPLACE | Yes |
| HEAT | Electric |
| INTERIOR | Walk-In Closet(s) |
| LOT | 3.165 acre(s) |
| PARKING | Carport |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | SHADYDELL |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Abdul Jameel Abdur Rahman, My Dream Home Helpers Realty
You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.This data was last updated on: 5/17/24 11:58 PM PDT
This IDX solution is (c) Diverse Solutions 2024.