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1607 Marburg Street

Dallas, TX 75215
  • $249,999
  • STATUS: Active
  • ON SITE: 133 Days
  • MLS #: 14737152
$249,999
  • 5
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,106
    SQFT
  • $119
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Gabrielle Wolff of Keller Williams Realty Dpr.

Description

Turn key, incredible cash flow opportunity with amazing cap rate. 2 bed 1 bath side just added completely new in early 2020, existing 3 bed 1 bath side recently remodeled as well. Fully leased on month to month lease to one tenant for 1700 a month who is subleasing each side. Tenant pays utilities. This property is distressed, being sold as-is. Seller does not and never has lived in the property, buyer to do due diligence. unrepresented buyers will be appointed an agent other than listing agent so please contact your agent of choice for info. Owner does not keep any documentation nor will he provide anything other than sdn and lbp. No showings without executed contract, no exceptions.

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or 1st Choice Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than 1st Choice Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-23T23:39:53.64.
www.1stchoicerealty.net/homes/124596893
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1607 Marburg Street Dallas, TX 75215

  • Price: $249,999
  • Status: Active
  • On Site: 133 Days
  • MLS #: 14737152
5
Beds
2
Baths
0
½ Baths
0.17
Acres
2,106
SQFT
$119
$/SQFT
1940
Built
Neighborhood:
Ervay Terrace
County:
Dallas
Area:
Dallas
Elementary School:
Rice
Middle School:
Dade
High School:
Lincoln
School District:
Dallas ISD
Property Description
Turn key, incredible cash flow opportunity with amazing cap rate. 2 bed 1 bath side just added completely new in early 2020, existing 3 bed 1 bath side recently remodeled as well. Fully leased on month to month lease to one tenant for 1700 a month who is subleasing each side. Tenant pays utilities. This property is distressed, being sold as-is. Seller does not and never has lived in the property, buyer to do due diligence. unrepresented buyers will be appointed an agent other than listing agent so please contact your agent of choice for info. Owner does not keep any documentation nor will he provide anything other than sdn and lbp. No showings without executed contract, no exceptions.
Exterior Features

Construction Vinyl Siding Foundation Pillar/Post/Pier Open Parking Yes Open Parking Spaces 0 Parking Or Garage Garage Faces FrontOn StreetOpen Parking Spaces 4 Pool On Property No Roof Composition

Interior Features

Appliances Electric Range Attached Garage Yes Cooling OtherWindow Unit(S) Garage Yes Handicap YN No Heating Other Interior Features Other

Property Features

Auction No Building Area Source Owner Building Area Total 2106.00 Complex Name Marburg Construction Status Preowned Gross Annual Expenses 852.00 Gross Annual Income 22800.00 HOA None Insurance Expense 624 Levels One List MLSProvider Collin County Association Of Realtors Municipal Utility District No Net Operation Income 21324 Possession Closing/FundingLease OutstandingNegotiable Property Attached No Property Type Duplex Unexempt Taxes 852 Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or 1st Choice Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than 1st Choice Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-23T23:39:53.64.
 
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1st Choice Realty
1109 E. Quinlan Parkway
Quinlan TX, 75474
Offered by Gabrielle Wolff of Keller Williams Realty Dpr.