1625 Mary K Lane Active

White Settlement,TX 76108

$ 565000

8 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Cambridge Add

MLS Listing ID 20832663

Bedrooms 8

Full Baths 8

HOA Y/N None

Total Fin. Sqft 3284

Year Built 1985

Annual Tax Amount $10,343

Lot Size 0.251 Acres

Acres 0.251

Property Sub-Type Quadruplex

Property Description

Fully renovated fourplex located on a desirable corner lot. Each unit offers 2 bedrooms and 2 full baths, along with a refrigerator, stove, dishwasher, and washer and dryer connections. All units are individually metered, fully electric, and have received over $40,000 in recent updates.
Current rental rates are $950 for three units and $850 for one unit. Similar units in the area have recently leased for up to $1,200. All units are currently occupied, providing established rental income.

Property may also be suitable for an owner-occupant. A buyer could reside in one unit and lease the remaining three. Rental income may be considered by lenders as part of loan qualification; buyers should confirm with their lender.

Location

State TX

County Tarrant

Direction 1625 Mary K Ln. White Settlement

Interior

Interior Features Other

Heating Electric

Cooling Electric

Flooring Carpet,Luxury Vinyl Plank,Tile

Appliance Dishwasher,Disposal,Electric Range,Microwave,Refrigerator

Heat Source Electric

Exterior

Utilities Available City Sewer,City Water

Roof Type Shingle

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Frame,Siding

Schools

Elementary Schools Liberty

Middle Schools Brewer

High Schools Brewer

School District White Settlement Isd

Others

Ownership Tonus Properties Corp

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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