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Fantastic Cash Flowing FourPlex in Terrific Arlington Location

Asking $ 575,000
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SOLD

Overview

  • Updated On:
  • September 7, 2021
  • 8 Bedrooms
  • 6 Bathrooms
  • 4,244.00 ft2
  • Year Built: 1985

Property Description

  • RIGHT NEXT TO MEDICAL CITY. Short walk to Vandergriff Park.
  • Units A, B, and C have all been remodeled in the past 12 months, leased at $1,150 per month, and have awesome well-qualified tenants.
  • Unit D is leased at $910 per month with long-term tenant on month to month lease.
  • Roof replaced in summer of 2020.
  • Recent siding repairs and brick work.
  • All the work has already been done!
  • Don’t miss your chance to own this low-maintenance money-maker!
  • Survey, T 47, Seller’s Disclosure, and Rent Roll are all in Transaction Desk.
Address: Rita Lane
City:
State/County:
Zip: 76014
Country: United States
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Property Id : 36698
Price: Asking $ 575,000
Property Size: 4,244.00 ft2
Property Lot Size: 12,632.00 ft2
Rooms: 22
Bedrooms: 8
Bathrooms: 6
House Number: 516
Year Built: 1985
External Construction: Brick
Roofing: Composition
Rent (mo): 4360
ROI (ann): 22.8
Cashflow (mo): 770
Property Taxes (mo): 1198
Insurance (mo): 200
Repairs (mo): 70
Management Fee (mo): 100
Leasing Fee (ann): 145.3
HOA (mo): 0
Vacancy Rate (ann): 4
Other Features
fireplace
walkscore47 / Car-Dependent more details here

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