Description
Rare multi family opportunity in the rapidly developing and gentrifying Fair Park area.Each unit is approximately 700 square feet with two spacious 2 bedrooms and one bath and all the units are individually metered for electricity. Roof, plumbing and HVAC units are in good working order, however two of the units need Rehab that was caused by an electrical fire. In addition the wiring in the entire building needs to be replaced. The units stay rented continuously due to high demand and proximity to the Dart Light rail station.10 K Earnest Money. Cash or Hard Money. seller may carry a note for 6-12 months with 25% down and 7% interest rates so buyer can rehab the building prior to getting permanent financing.
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16BEDS
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0.25ACRES
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8BATHS
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01/2 BATHS
Description
Rare multi family opportunity in the rapidly developing and gentrifying Fair Park area.Each unit is approximately 700 square feet with two spacious 2 bedrooms and one bath and all the units are individually metered for electricity. Roof, plumbing and HVAC units are in good working order, however two of the units need Rehab that was caused by an electrical fire. In addition the wiring in the entire building needs to be replaced. The units stay rented continuously due to high demand and proximity to the Dart Light rail station.10 K Earnest Money. Cash or Hard Money. seller may carry a note for 6-12 months with 25% down and 7% interest rates so buyer can rehab the building prior to getting permanent financing.
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