Turnkey 4-unit multi-family built in 2020 — two side-by-side duplexes, all four units 3 bedroom, 2 bath at 1,250 SF each. Fully occupied with professional management in place. Gross annual income of $74,440 with a 9.87 gross income multiplier. The 3-bedroom unit mix is rare in this market and drives both higher rents and longer tenancies. Tenants pay all utilities — every unit is separately metered for electric, water, sewer, and trash. Owner expenses are limited to taxes, insurance, lawn care, and management. Sitting on 0.569 acres complete with parking and easy I-35 access linking to Waxahachie, Hillsboro, and DFW. Ideal 1031 exchange replacement property.
20 days
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239
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18
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Zillow last checked:
Listing updated:
Listed by:
Neil Clements0659054972-533-8201,
Keller Williams Realty972-938-2222
Source: NTREIS,MLS#: 21343744
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 8
Full bathrooms: 8
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Appliances
Included: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
Features
Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Kitchen Island, Open Floorplan