About 4614 Gurley Avenue
A fully occupied 4-plex building boasting strong rental potential with a monthly gross rent totaling $4,700 and an annual gross income of $56,500. Each unit has central heat and air, along with individual electric meters for convenience. The property is being sold in an as-is condition, with the seller not undertaking any repairs. Multiple Offers Received, Deadline to submit highest and best is Sunday April 15th 2024. 5:00PM
Features of 4614 Gurley Avenue
| MLS® # | 20577193 |
|---|---|
| Price | $550,000 |
| Units | 4 |
| Bedrooms | 8 |
| Full Baths | 4 |
| Building Area Total | 3,306 |
| Acres | 0.17 |
| Year Built | 1986 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active Under Contract |
Community Information
| Address | 4614 Gurley Avenue |
|---|---|
| Subdivision | East Side Add |
| City | Dallas |
| County | Dallas |
| State | TX |
| Zip Code | 75223 |
Amenities
| Utilities | Cable Available, City Sewer, City Water, Community Mailbox |
|---|---|
| Parking Spaces | 12 |
| Garages | Assigned, Common, On Site, Open |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | High Speed Internet Available, Open Floorplan, Pantry, Other |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick |
| Foundation | Pillar/Post/Pier |
School Information
| District | Dallas ISD |
|---|---|
| Elementary | Roberts |
| Middle | Dade |
| High | Madison |
Additional Information
| Net Operation Income | $48,965 |
|---|---|
| Gross Annual Income | $56,400 |
| Gross Annual Expenses | $7,435 |
| Insurance Expense | $2,337 |
| CapitalizationRate | 8.90 |
Unit 1 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 1 |
| Rent | $1,300 |
| SqFt | 826 |
Unit 2 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 1 |
| Rent | $1,200 |
| SqFt | 826 |
Unit 3 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 1 |
| Rent | $1,100 |
| SqFt | 826 |
Unit 4 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 1 |
| Rent | $1,100 |
| SqFt | 826 |
Listing Details
| Agent | Oscar Sanchez |
|---|---|
| Office | Oscar Sanchez |