Skip To Content

1607 Marburg Street

Dallas, TX 75215
  • $195,000
  • STATUS: Active
  • ON SITE: 273 Days
  • MLS #: 14503610
$195,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Gabrielle Wolff of Keller Williams Realty Dpr.

Description

Turn key, incredible cash flow opportunity with amazing cap rate. 2 bed 1 bath side just added completely new in early 2020, existing 3 bed 1 bath side recently remodeled as well. Fully leased on month to month lease to one tenant for 1650 a month who is subleasing each side. Tenant pays utilities. This property is distressed, being sold as-is. Seller does not and never has lived in the property, buyer to do due diligence. unrepresented buyers will be appointed an agent other than listing agent so please contact your agent of choice for info. Owner does not keep any documentation nor will he provide anything other than sdn and lbp. No showings without executed contract, no exceptions.

Monthly Payment Calculator



© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-10-20T23:39:22.417.
www.rebdgroup.com/homes/113451393
Print Image

1607 Marburg Street Dallas, TX 75215

  • Price: $195,000
  • Status: Active
  • MLS #: 14503610
5
Beds
2
Baths
0
½ Baths
0.17
Acres
1940
Built
Neighborhood:
Ervay Terrace
County:
Dallas
Area:
Dallas North Oak Cliff
Elementary School:
Rice
Middle School:
Dade
High School:
Lincoln
School District:
Dallas ISD
Property Description
Turn key, incredible cash flow opportunity with amazing cap rate. 2 bed 1 bath side just added completely new in early 2020, existing 3 bed 1 bath side recently remodeled as well. Fully leased on month to month lease to one tenant for 1650 a month who is subleasing each side. Tenant pays utilities. This property is distressed, being sold as-is. Seller does not and never has lived in the property, buyer to do due diligence. unrepresented buyers will be appointed an agent other than listing agent so please contact your agent of choice for info. Owner does not keep any documentation nor will he provide anything other than sdn and lbp. No showings without executed contract, no exceptions.
Exterior Features

Construction Vinyl Siding Foundation Pier & Beam Parking Or Garage Garage-AttachedFrontOn StreetOpen Parking Spaces 4 Pool On Property No Roof Composition

Interior Features

Handicap YN No Heating OtherWindow Unit Interior Features Other Kitchen Equipment Range/Oven-Electric Sq Ft Building 2106

Property Features

Building Area Source Owner Buildings 1 Complex Name Marburg Construction Status Preowned Gross Annual Expenses 852 Gross Annual Income 22800 HOA None Insurance Expense 624 Municipal Utility District No Net Annual Income 21324 Possession Closing/FundingLease OutstandingNegotiable Property Type Mul-Full Duplex Proposed Financing CashConventional Unexempt Taxes 852 Unit Count 2 Utilities City SewerCity Water Will Subdivide No

Listing information © 2021 North Texas Real Estate Information System.


© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-10-20T23:39:22.417.
 
https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14503610-2.jpg
Logo
Real Estate By Design | Keller Williams
2434 Lillian Miller Pkwy
Denton TX, 76205
Offered by Gabrielle Wolff of Keller Williams Realty Dpr.