Beautiful Four-Plex Home in the Lovely Area of East Plano – Annual ROI of 24.3%

Asking $ 1,100,000
E Park Boulevard, ,
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Overview

  • Updated On:
  • November 16, 2021
  • 12 Bedrooms
  • 8 Bathrooms
  • 1,583.00 ft2
  • Year Built: 1994

Property Description

  • Built in 1994.
  • Each unit has 3 bedrooms, 2 baths, 2 living areas.
  • 2-car covered carports out front with spaces for all 4 units.
  • Private decks off of the living area.
  • Very clean and well maintained but plenty of value add opportunities with updates, improvements, and repairs.
    100% Leased.
  • Corner units, #1801 & 1804 have approx. 1987 sf each and the 2 interior units have approx. 2054 sf each.
  • Rare opportunity to purchase a 4plex with a very stable rental history and tremendous upside by improving interiors and raising rents.
  • This is the only 4plex in the development not part of the HOA so there are no dues!
Address: E Park Boulevard
City:
State/County:
Zip: 75074
Country: United States
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Property Id : 38400
Price: Asking $ 1,100,000
Property Size: 1,583.00 ft2
Property Lot Size: 18,295.00 ft2
Rooms: 28
Bedrooms: 12
Bathrooms: 8
House Number: 3500
Year Built: 1994
Garage: Covered
Garage Size: 8
External Construction: Brick
Roofing: Composition
Rent (mo): 7580
ROI (ann): 24.3
Cashflow (mo): 1060
Property Taxes (mo): 1875
Insurance (mo): 300
Repairs (mo): 75
Management Fee (mo): 100
Leasing Fee (ann): 400
HOA (mo): 300
Vacancy Rate (ann): 4
Other Features
deck
walkscore45 / Car-Dependent more details here

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