$450,000
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6 Beds
4 Baths
7,448 Sqft Lot
SOLD DATE : 06/25/2024
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Mark & James
MLS Listing ID 20594753
Sold Date 06/25/24
Bedrooms 6
Full Baths 4
HOA Y/N None
Total Fin. Sqft 2504
Year Built 1979
Annual Tax Amount $8,471
Lot Size 7,448 Sqft
Acres 0.171
Property Description
Great opportunity to purchase a rare 6 bed 4 full bath duplex in Irving! The property is listed on the tax rolls as 1412 Elms Rd. The second unit is 1410 Elms rd.
1412 Elms road will be delivered vacant at closing. 1410 Elms will be tenant occupied upon closing. They are currently section 8. Section which is paying $1,525mo right now for them and their lease is going to be up in December.
Market rent in the area is higher than sec.8 rents based on the comps.
Updates:
1412 Elms was completely updated before the current tenant moved in. The entire HVAC system on that side is less than a year old along with the flooring and paint. It may need touch ups in the kitchen and bathrooms to get full market rents.
1410 Elms was updated back in 2018 and will also need touch ups to get to full market rents, but is in fairly good condition now.
Roof was replaced in 2018 along with the HVAC for the 1410 side.
1412 Elms will be delivered vacant at closing.
Do your own due diligence.
Location
State TX
County Dallas
Direction Enter address into google or apple maps.
Interior
Interior Features Other
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Tile
Appliance Dishwasher, Electric Cooktop, Electric Oven, Electric Range
Heat Source Central
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Parking Type Additional Parking, Concrete, No Garage
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Townley
Middle Schools Dezavala
High Schools Nimitz
School District Irving Isd
Others
Ownership See tax rolls
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Financing Conventional
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Bought with Solomon Oppong Antwi • Attorney Broker Services
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