3712 Garden Lane, Dallas, Texas 75210

$265,000
2
BD
List Price
$265,000
MLS#
20427204
Status
ACTIVE
Type
Multifamily
Year Built
1917
Construction Status
Preowned
Bedrooms
2
Full Baths
2
Acres
0.14
County
Dallas
City
Dallas
Subdivision
Hancock
Building Name
Garden

Property Description

Looking for a fantastic investment opportunity? Look no further than this recently renovated duplex, located just 5 minutes south of highly desirable Deep Ellum and Downtown Dallas. Each unit has 1 bed and 1 bath, making it an ideal setup for both renters and investors. The kitchen has been fully upgraded with stainless steel appliances and stunning granite countertops, adding to the modern vibe of the space. Both units include a full-size utility closet. The bathrooms are outfitted with a combination shower and bathtub and vanity. The backyard is completely fenced with a six-foot fence, providing a sense of privacy and security for tenants. The 3712 side includes a 2-car parking garage, while the 3714 side offers parking in front of the home. 3712 is leased through the end of September. The property leases at $2,000 per month, but could bring in market rents of $2,250. Don't miss out on the chance to own this incredible property in a growing location.

Additional Information

Unexempt Taxes
$2,120
HOA
No HOA
Annual Insurance
2145
Total Annual Expenses
Maintenance, Maintenance Grounds, Maintenance Structure, Manager, Professional Management
Gross Annual Expenses
2150
Gross Annual Income
24000
Lot Size
6,011
Acres
0.14
Lot Description
Cleared
Subdivided
No
Interior Features
Cable TV Available, Decorative Lighting, Granite Counters, Open Floorplan
Flooring
Carpet, Laminate
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
1
Street Utilities
City Sewer, City Water
Heating Cooling
Central
Construction Material
Frame, Siding
Garage Spaces
2
Parking Garage
Garage Single Door, Driveway, Garage, Garage Faces Side
Total Num Parking
2
School District
Dallas Isd
Elementary School
Thompson Learning Center
Middle School
Dade
High School
Lincoln
Possession
Lease Outstanding
Building Sq. Ft.
1158
Number of bldgs.
1
Number of units
2
Occupancy Rate
100
Tenancy
6 Months or Less, Lease While on Market, No Smoking, No Waterbeds
Possession
Lease Outstanding
Cap Rate
7.44

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Lacey Brutschy from Compass RE Texas, LLC.. Contact: 214-642-2510