1809 W E Roberts Dr

Grand Prairie, TX 75051
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12 Bedroom(s)
6 Full Bath(s)
0.17 Lot Acres
Multi-Family - 5 Plus

Audio narrative

Description

Great multifamily investment opportunity in the heart of Grand Prairie, TX. Five out of six units already leased and five out of the six units have been remodeled, this property offers immediate cash flow and the potential for continued value add with rent bumps to market rates. Tenants pay for Electricity & Internet, and the owner pays for water, Sewer, and Trash. New owner upon lease renewals could start to bill back on water sewer and trash if they wanted to. Brand New roof in 2023!! All units are 2 bedrooms and 1 bathroom. This property has easy access to major highways, schools, shopping, and recreational amenities. Grand Prairie's steady growth ensures a consistent demand for rental units in this area. Reach out for more info on Financials! Expenses in the MLS include, Taxes, insurance, repairs & maintenance, trash, water & sewer, Lawn, Pest control. Income is figured all units at their current rate with the 6th unit being leased at $995.

MLS#
NTREIS-20653410
List Price
$589,900
Listing Status
For Sale
Address
1809 W E Roberts Dr
State
TX
Zip Code
County
Subdivision
Gw Spikes Add 01
Legal Description
G W SPIKES 1 BLK E LOT 8
Property Type
Multi-Family - 5 Plus
Bedroom
12 Bedroom(s)
Bath
6 Full Bath(s)
Stories
2
Year Built
1963 /Appraisal District
Lot Size
0.17 Lot Acres/PUBREC

Exterior

Roof
Composition, Shingle
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Siding
Lot Description
Cleared, Few Trees, Interior Lot
Parking
Common, Concrete, Driveway, No Garage, On Site, Parking Lot
Fencing
Chain Link, Partial, Perimeter
Porch
Front Porch
Utility
City Sewer, City Water, Electricity Available, Electricity Connected
Exterior
Covered Patio/Porch

Interior

Fireplace
/None
Floors
Laminate, Tile
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Electric Range, Electric Water Heater, Refrigerator

Lot information

Lot Size
0.17 Lot Acres /PUBREC
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

North Texas Real Estate Information Systems, Inc.
Source last updated Jul 16, 2024 at 01:08 PM
Listing last updated Jun 30, 2024 at 12:08 PM
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1809 W E Roberts Dr, Grand Prairie, TX 75051. View photos, map, tax, nearby homes for sale, home values, school info...

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