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!
| MLS # | 21074365 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2007 |
| Days On Site | 330 |
| Listing Provided By | RE/MAX Frontier | Jada Greenwood |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,842 |
| Garage | 3 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 3 |
| Acreage | 1.44 |
| Cooling | Ceiling Fan(s), Electric, Multi Units, Window Unit(s), Other |
|---|---|
| Heating | Electric, Other |
| Interior Features | Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available |
| Window Features | Window Coverings |
| Appliances | Dishwasher, Electric Range, Microwave, Refrigerator |
| Exterior Features | Covered Patio/Porch, Storage |
|---|---|
| Roof | Metal |
| Construction Materials | Siding |
| Foundation Details | Slab |
| Lot Features | Acreage |
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 0 |
| Parking Features | Additional Parking, Driveway, Gravel, No Garage, Oversized |
| Utilities | City Water, Concrete, Electricity Available, Individual Water Meter, Septic |
|---|
| Unexempt Taxes | 14318 |
|---|---|
| Tax Lot | A |
| Tax Legal Description | LOT 4R-A-1 DUVALL PLACE ADDN REV 1.442 AC |
| State | TX |
|---|---|
| County | Ellis |
| City | Midlothian |
| Zip Code | 76065 |
| Area | Ellis |
| Community Name | Duvall Place Add Rev |
| School District | Midlothian ISD |
| Elementary School | Larue Miller |
| High School | Midlothian |
| Listing VS Median (in Duvall Place Add Rev) | |
Price: $675,000 low | high Med: $675,000 sqft: 3,842 low | high Med: 3,842 $ / sqft: $176 low | high Med: $176 On site: 330 low | high Med: 330 | |
| State | TX |
|---|---|
| County | Ellis |
| City | Midlothian |
| Zip Code | 76065 |
| Area | Ellis |
| Community Name | Duvall Place Add Rev |
| School District | Midlothian ISD |
| Elementary School | Larue Miller |
| High School | Midlothian |
| Listing VS Median (in Duvall Place Add Rev) | |
Price: $675,000 low | high Med: $675,000 sqft: 3,842 low | high Med: 3,842 $ / sqft: $176 low | high Med: $176 On site: 330 low | high Med: 330 | |