Historical Multifamily Sale Listing - Mammen Park

Multifamily For Sale

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Mammen Park

3016 Tudor Lane, Irving, TX 75060

N/A

4 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
4
Building Size:
4,368 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Occupancy:
75%
No. Stories:
2
Year Built:
1973
Lot Size:
14,679 SF
Listing ID
15467334
Last Updated
over 1 year ago

Description

GREATLY REDUCED FOR QUICK SALE - MOTIVATED SELLER!!!

Excellent multi-family investment opportunity in the heart of Irving. Fourplex has two levels, with 2 units up and 2 down with a little over 1000 sqft and each unit has the same layout. Units have been recently remodeled, painted, carpet, etc. and are approved for Section 8 Housing with the City of Dallas and Grand Prairie. Average rents of about $2,500 per month. Recent repairs are: Updated landscaping, New sidewalk and building painted in March '08 new paved driveway redone Nov '07, waterline to bldg replaced in Nov '06, new water heaters in 2 units in '05, new sidewalk leading to driveway March '08 and new a/c disconnects March '08. All units come with appliances.

The 2nd lien on the property is assumable but the buyer must qualify!

This property does need foundation repairs. We have estimates for the repairs that range from 5000 - 5200.

Located south of Beltline road, 10 minutes from DFW Airport. Mapsco 31A-X

There is new development happening within a mile south (New Community College campus) and a mile west (new Old Towne Center - that will include DART rail stop, shopping and more) of the property. Property value and rent will increase with the completion of the developments.

Map of 3016 Tudor Lane, Irving, TX 75060 (Dallas County)

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Created 12/5/2007