$579,900
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0.25 Acres Lot
SOLD DATE : 04/27/2023
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Lochwood 03
MLS Listing ID 20227144
Sold Date 04/27/23
HOA Y/N None
Total Fin. Sqft 3364
Year Built 1958
Annual Tax Amount $10,299
Lot Size 0.251 Acres
Acres 0.251
Property Description
Investors check out this opportunity to purchase a full duplex in the Lochwood neighborhood in East Dallas. This well maintained duplex has some updates including roof, HVAC, HWH. There are 2 large bedrooms upstairs with 1 bathroom and a half bath down. Both sides are spacious and have large rooms with lots of storage. Located on a large corner lot that has separate fenced backyards. 2 car garages on each side. Live on one side and rent the other side or make this duplex the perfect income producing rental property. Each side of the duplex has a bonus room downstairs that can be a 3rd bedroom or office. Price per square ft is low for the area and reflects the cosmetic updates that are needed.
Seller was able to keep each side leased to long term tenants and leased below market value. Close to White Rock Lake.
Location
State TX
County Dallas
Direction Use Navigation.
Interior
Interior Features Cable TV Available, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Ceramic Tile, Hardwood
Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
Heat Source Central
Exterior
Garage Spaces 4.0
Utilities Available City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter
Roof Type Composition
Parking Type 2-Car Single Doors, Alley Access
Total Parking Spaces 4
Garage Yes
Building
Story Two
Foundation Slab
Structure Type Brick
Schools
Elementary Schools Reilly
Middle Schools Robert Hill
High Schools Adams
School District Dallas Isd
Others
Ownership Kraus
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Conventional
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Bought with Victor Aves • Pegasus Realty, Inc.
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