3 Streams of Rent! - 1 Property - Dallas 75227

Dallas County, Dallas, TX, 75227
Sold
Listed at: August 8th, 2024
Price
$150,000
ARV
$250,000
Gross Margin
$100,000
Sq. Footage
954
Type
Single-Family
Parking
Driveway
Year build
1930
Lot size
0.17 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

3 Streams of rental Income on 1 piece of property! --- Dallas 75227 --- Potentially over $2500+ per month in rent!!

Primary house in the front - is a 2/1 that still needs work -- wouldn't take much to finish it out and make it nice again. Definitely rentable! - $1500+/- per mo

- 2nd Structure (not permitted) in the back - has had many updates already including new windows, new cabinets, new countertops, fixtures, (see nicest pictures of the interior), (photos of front of structure didn't turn out) - Definitely rentable! - $1000+/- per mo

- 3rd Structure (not permitted - 1/2 is occupied the other 1/2 is dog house with window unit) - Potentialy rentable! - $500+/- per mo potential rent

Great opportunity to add immediate cash flow from a cheaper rental property in East Dallas.

With just an "OK" finish out of $20k -- you's still be looking at near a 17% gross cap rate!! 

Forget about the current Interest rates and don't miss this one!! 

  • Note: Potential Owner Finance Exit strategy on this one for you too!

-Buyers please do your own due diligence. We are interested in assigning the equitable rights of the property, and do not claim to be the owner.

Documents
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Chad Dawson

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Disposition manager