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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Heritage Hill Estates
MLS Listing ID 20786473
Bedrooms 9
Full Baths 6
Half Baths 2
HOA Fees $133/ann
Year Built 2021
Lot Size 7,840 Sqft
Property Description
Perfect for 1031 Exchange! Prime opportunity to invest in 100% occupied Class-A like-new luxury fourplex in scorching hot DFW market. Fantastic location across near Google's $1.6B Data Centers. Ellis County has experienced explosive population growth in the last decade, and it is expected to grow by 200% by 2050. Zoned to great Midlothian schools. The fourplex has a 3-2 unit (flat), a 2-2 unit (flat) and two townhouse style 2-1.5 units. Each unit has a one car garage. Total incoming rent of $80,160 per year and 6% CAP rate on actual financials. Don't miss out - this opportunity will be snatched quickly!
Location
State TX
County Ellis
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Luxury Vinyl Plank
Exterior
Garage Spaces 4.0
Utilities Available Asphalt, City Sewer, City Water
Roof Type Composition
Building
Story Two
Foundation Slab
Structure Type Brick,Siding,Stone Veneer,Wood
Schools
Elementary Schools Vitovsky
Middle Schools Frank Seales
High Schools Heritage
School District Midlothian Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Non-Mls Member • NON MLS