About 407 N Justin Avenue 2
Great Investor Opportunity in Dallas! Features FOUR leased 1 Bedroom - 1 Bath units with separate electrical meters. The Water is split between all tenants. Original hardwood floors. Large lot with storage sheds. Cash flow is $3,700 a month with month-to-month tenants. Assigned parking. Only one unit will be shown until under contract.
Features of 407 N Justin Avenue 2
MLS® # | 20595812 |
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Price | $445,000 |
Units | 4 |
Bedrooms | 4 |
Full Baths | 4 |
Building Area Total | 2,280 |
Acres | 0.20 |
Year Built | 1951 |
Type | Residential Income |
Sub-Type | Quadruplex |
Status | Active |
Community Information
Address | 407 N Justin Avenue 2 |
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Subdivision | Arcadia Park |
City | Dallas |
County | Dallas |
State | TX |
Zip Code | 75211-3881 |
Amenities
Utilities | City Sewer, City Water |
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Parking Spaces | 8 |
Garages | Assigned, Driveway |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Cable TV Available, High Speed Internet Available |
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Heating | Central, Electric |
Fireplace | No |
Exterior
Exterior Features | Storage |
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Lot Description | Interior Lot |
Roof | Composition |
Construction | Wood |
Foundation | Pillar/Post/Pier |
School Information
District | Dallas ISD |
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Elementary | Arcadiapar |
Middle | Raul Quintanilla |
High | Sunset |
Additional Information
Net Operation Income | $44,400 |
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Gross Annual Income | $44,400 |
Gross Annual Expenses | $0 |
CapitalizationRate | 9.98 |
Unit 1 Details
Type | 1 Bedroom |
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Full Baths | 1 |
Rent | $950 |
Unit 2 Details
Type | 1 Bedroom |
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Full Baths | 1 |
Rent | $950 |
Unit 3 Details
Type | 1 Bedroom |
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Full Baths | 1 |
Rent | $950 |
Unit 4 Details
Type | 1 Bedroom |
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Full Baths | 1 |
Rent | $850 |
Listing Details
Agent | Chris Bentley |
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Office | Bentley Fine Properties |