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Mike Bowman

[email protected] +1(817) 328-2342

$675,000

Est. payment - /mo

5 Beds

5 Baths

3,842 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,842 sqft

Subdivision Duvall Place Add Rev

MLS Listing ID 21074365

Bedrooms 5

Full Baths 5

HOA Y/N None

Total Fin. Sqft 3842

Year Built 2007

Annual Tax Amount $14,318

Lot Size 1.442 Acres

Acres 1.442

Property Sub-Type Quadruplex

Property Description

HUGE PRICE REDUCTION!!! ATTENTION INVESTORS!! Looking to add to your portfolio? I've got an incredible opportunity for you. This well-maintained 4-plex offers a total of 3,842 sq. ft., built in 2007, and sits on 1.4 acres in a peaceful, highly desirable location. With four fantastic tenants already in place, this is a true turnkey opportunity. Each unit is slightly different in layout and design, with walls and ceilings constructed of Structural Insulated Panels (SIPs) — providing superior energy efficiency to save on electric bills and excellent sound resistance for quiet, comfortable living.
The property features ample parking, a shed, and a 24x48 shop. The majority of the shop has recently been converted to a 5th unit featuring 1 bedroom 1 bathroom, kitchenette, and living room. Part of the shop is being used for an office with it's own separate entrance. Great for a business office There is 100 amp 220 Volt for electric. The 5th unit are not calculated into the rental income already being brought in, so this lease amount would be in ADDITION to the $67,800 per year that is already being brought in. The driveway owned by the neighbor and there is an easement
With its prime Midlothian location, peaceful surroundings, and STRONG rental history, this is the investment you've been waiting for!

Location

State TX

County Ellis

Direction Mt Zion to Ledgstone. Property is down on on the right just before Plainview

Interior

Interior Features Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available

Heating Electric, Other

Cooling Ceiling Fan(s), Electric, Multi Units, Window Unit(s), Other

Flooring Carpet, Laminate, Luxury Vinyl Plank

Appliance Dishwasher, Electric Range, Microwave, Refrigerator

Heat Source Electric, Other

Exterior

Exterior Feature Covered Patio/Porch, Storage

Garage Spaces 3.0

Fence Chain Link

Utilities Available City Water, Concrete, Electricity Available, Individual Water Meter, Septic

Roof Type Metal

Total Parking Spaces 3

Garage Yes

Building

Lot Description Acreage

Story One

Foundation Slab

Level or Stories One

Structure Type Siding

Schools

Elementary Schools Larue Miller

Middle Schools Dieterich

High Schools Midlothian

School District Midlothian Isd

Others

Acceptable Financing Cash, Contact Agent, Conventional

Listing Terms Cash, Contact Agent, Conventional

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21074365

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Jada Greenwood • RE/MAX Frontier

Nearby School & Business

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Mike Bowman

+1(817) 328-2342

Broker License ID: 0273938

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3841 Ledgestone Lane Midlothian, TX 76065

Mike Bowman

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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