409 Cliff Drive Pending

Garland,TX 75042

$ 325000

4 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision College Manors

MLS Listing ID 20740527

Bedrooms 4

Full Baths 2

HOA Y/N None

Total Fin. Sqft 1599

Year Built 1964

Annual Tax Amount $4,898

Lot Size 0.290 Acres

Acres 0.29

Property Description

In this charming rare full DUPLEX, in Garland,TX just 25 minutes NE of Dallas Metro area. Currently an estimated 10.2% gross cap rate,7.5% net cap rate on all cash purchase,with room to grow! 50% occupied and value add! Your tenants will have the option of choosing between two beautiful units. Unit 409 boasts a cozy 800 sq ft 2-bdrms, 1-BA all updated layout, perfect for those seeking a comfortable and inviting space to call home. Meanwhile, Unit 411 also offers a spacious 800 sq ft. 2-bedroom, 1-bathroom floor plan, Private backyard & covered 4 car carport for those in need of a bit more room to stretch out and relax. Both units are thoughtfully designed to provide your tenants with a peaceful and stylish living environment or possibly for first time home buyers or investors, live in one side lease the other. This is a great opportunity to add this income producing property to your real estate portfolio. These rarely come on market for sale so don’t miss out on this great value!

Location

State TX

County Dallas

Direction Use GPS on Phone.

Interior

Interior Features Cable TV Available,Decorative Lighting,High Speed Internet Available,Pantry

Heating Central

Cooling Ceiling Fan(s),Central Air,Electric

Flooring Carpet,Ceramic Tile,Luxury Vinyl Plank

Appliance Dishwasher,Electric Cooktop,Electric Oven,Microwave,Refrigerator

Heat Source Central

Exterior

Exterior Feature Private Yard,Storage

Carport Spaces 4

Fence Chain Link

Utilities Available Asphalt,Cable Available,City Sewer,City Water,Co-op Electric,Curbs,Electricity Connected,Individual Gas Meter,Master Water Meter,Sidewalk

Roof Type Composition

Parking Type Carport,Detached Carport,No Garage

Total Parking Spaces 4

Garage No

Building

Lot Description Few Trees,Subdivision

Story One

Foundation Slab

Level or Stories One

Structure Type Brick,Frame,Siding,Stone Veneer,Wood

Schools

Elementary Schools Choice Of School

Middle Schools Choice Of School

High Schools Choice Of School

School District Garland Isd

Others

Ownership Mortgage City INC.

Acceptable Financing Cash,Conventional,VA Loan

Listing Terms Cash,Conventional,VA Loan

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