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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $190
Subdivision Oakhurst
MLS Listing ID 20208699
Sold Date 02/14/23
Bedrooms 4
Full Baths 4
HOA Y/N None
Total Fin. Sqft 2800
Year Built 1963
Annual Tax Amount $12,865
Lot Size 7,230 Sqft
Acres 0.166
Property Description
ALL OFFERS ARE DUE BY JANUARY 13TH. This fourplex is a great investment opportunity in the City of Irving. Property located near Hwy 183 and O’Connor just minutes from DFW International Airport, shops, schools, and eateries. Property is located just off the service road. There is no owners’ association or restrictive covenants. All units are 1 bedroom and 1 bath. Property is currently at 75% occupancy rate. Its proximity to major interstates and public transit makes this a great place to rent. Property includes a 3-car parking garage and paved parking. Interior units have been recently updated. Several long-term tenants are in place. Property has a lot of value-add opportunities. Tenants pay their own utilities. All leases expire summer 2023. Tenants pay for electric service. Opportunity to bill back tenants for gas and water. Gross monthly rent is $3,262. Market gross rent will be $5,000 per month plus utility bill back.
Location
State TX
County Dallas
Direction Property located near HWY 183 and O'Connor - Service Road
Interior
Interior Features Cable TV Available
Heating Electric
Cooling Ceiling Fan(s), Central Air
Appliance Gas Range, Refrigerator
Heat Source Electric
Exterior
Garage Spaces 3.0
Utilities Available City Sewer, City Water
Roof Type Composition
Total Parking Spaces 4
Garage Yes
Building
Story Two
Foundation Brick/Mortar
Structure Type Brick
Schools
Elementary Schools Austin
School District Irving Isd
Others
Ownership Oakhurst, LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing VA
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Bought with Victor Steffen • eXp Realty LLC