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409 Cliff Drive Garland, TX 75042
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision College Manors
MLS Listing ID 20740527
Sold Date 11/12/24
Bedrooms 4
Full Baths 2
HOA Y/N None
Total Fin. Sqft 1599
Year Built 1964
Annual Tax Amount $4,898
Lot Size 0.290 Acres
Acres 0.29
Property Description
In this charming rare full DUPLEX, in Garland,TX just 25 minutes NE of Dallas Metro area. Currently an estimated 10.2% gross cap rate,7.5% net cap rate on all cash purchase,with room to grow! 50% occupied and value add! Your tenants will have the option of choosing between two beautiful units. Unit 409 boasts a cozy 800 sq ft 2-bdrms, 1-BA all updated layout, perfect for those seeking a comfortable and inviting space to call home. Meanwhile, Unit 411 also offers a spacious 800 sq ft. 2-bedroom, 1-bathroom floor plan, Private backyard & covered 4 car carport for those in need of a bit more room to stretch out and relax. Both units are thoughtfully designed to provide your tenants with a peaceful and stylish living environment or possibly for first time home buyers or investors, live in one side lease the other. This is a great opportunity to add this income producing property to your real estate portfolio. These rarely come on market for sale so don't miss out on this great value!
Location
State TX
County Dallas
Direction Use GPS on Phone.
Interior
Interior Features Cable TV Available, Decorative Lighting, High Speed Internet Available, Pantry
Heating Central
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank
Appliance Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Heat Source Central
Exterior
Exterior Feature Private Yard, Storage
Carport Spaces 4
Fence Chain Link
Utilities Available Asphalt, Cable Available, City Sewer, City Water, Co-op Electric, Curbs, Electricity Connected, Individual Gas Meter, Master Water Meter, Sidewalk
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Few Trees, Subdivision
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Frame,Siding,Stone Veneer,Wood
Schools
Elementary Schools Choice Of School
Middle Schools Choice Of School
High Schools Choice Of School
School District Garland Isd
Others
Ownership Mortgage City INC.
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Financing VA
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Bought with Marissa Tromler • EG Realty