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1501 Cedar Elm Drive

Euless, TX 76039
  • $3,200,000
  • STATUS: Active
  • ID#: 20592668
UPDATED: 60 min ago
$3,200,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1995
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Lalit Thakkar of Fathom Realty: 888-455-6040.

Description

100% occupied an Exceptional Investment Opportunity in a Prime Location in Euless. Embark on a rewarding investment journey with this meticulously maintained property showcasing ten rental units, each thoughtfully designed with attached garages and abundant parking space. Set on an additional 0.13 acres to add an additional 8 units, this property enjoys a strategic position in the Mid-Cities region, providing effortless access to the entire DFW Metroplex and a quick 15-minute drive to the DFW International Airport. Most units have been tastefully remodeled, boasting fresh paint, new fixtures, modern appliances, contemporary lighting features such as can lights and fans, luxurious wood-look vinyl flooring, and elegant quartz countertops in kitchens and bathrooms. All units have a refrigerator, washer, and dryer for added convenience. To seize this opportunity, kindly submit offers or Letters of Intent (LOI) along with proof of funds via email.

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© 2024 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 Armstrong Properties. 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 Armstrong Properties 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 2024-05-22T06:42:07.817.
www.armstrongpropertiestx.com/homes/150077275
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1501 Cedar Elm Drive Euless, TX 76039

  • Price: $3,200,000
  • Status: Active
  • On Site: Days
  • Updated: 60 min ago
  • ID#: 20592668
0
Beds
0
Baths
0
½ Baths
0.67
Acres
1995
Built
Neighborhood:
Monarch Condos
County:
Tarrant
Area:
Euless
Elementary School:
Lakewood
High School:
Trinity
School District:
Hurst-Euless-Bedford ISD
Property Description
100% occupied an Exceptional Investment Opportunity in a Prime Location in Euless. Embark on a rewarding investment journey with this meticulously maintained property showcasing ten rental units, each thoughtfully designed with attached garages and abundant parking space. Set on an additional 0.13 acres to add an additional 8 units, this property enjoys a strategic position in the Mid-Cities region, providing effortless access to the entire DFW Metroplex and a quick 15-minute drive to the DFW International Airport. Most units have been tastefully remodeled, boasting fresh paint, new fixtures, modern appliances, contemporary lighting features such as can lights and fans, luxurious wood-look vinyl flooring, and elegant quartz countertops in kitchens and bathrooms. All units have a refrigerator, washer, and dryer for added convenience. To seize this opportunity, kindly submit offers or Letters of Intent (LOI) along with proof of funds via email.
Exterior Features

Construction Brick Exterior Features Barbecue Fencing Wood Foundation Slab Lot Description Interior LotIrregular Lot Parking Or Garage Garage Single DoorGarageGarage Door Opener Parking Spaces 10 Pool On Property No Roof Shingle

Interior Features

Appliances DishwasherDisposalDryerElectric CooktopMicrowaveRefrigerator Attached Garage Yes Cooling Ceiling Fan(s)Central AirElectric Flooring CarpetLuxury Vinyl Plank Garage Yes Garage Length 20 Garage Width 10 Handicap YN No Heating CentralElectric Interior Features High Speed Internet AvailableOpen FloorplanPantry

Property Features

Alarm Or Security Type Carbon Monoxide Detector(s) Building Area Source Public Records Building Area Total 10200.00 Complex Name Monarch Condos Construction Status Preowned Gross Annual Expenses 58480.00 Gross Annual Income 188640.00 HOA None Insurance Expense 9880 Junior High School Name Euless Levels Two List MLSProvider Collin County Association Of Realtors Listing Terms 1031 ExchangeCashConventional Municipal Utility District No Net Operation Income 130160 Possession Closing/Funding Property Type Multiple Single Units Senior Community No Tenancy No SmokingNo SubleaseNo WaterbedsPets AllowedWritten Application Only Unexempt Taxes 34420 Utilities All Weather RoadCable AvailableCity SewerCity WaterElectricity AvailableIndividual Water MeterSewer AvailableSidewalkUnderground Utilities Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 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 Armstrong Properties. 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 Armstrong Properties 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 2024-05-22T06:42:07.817.
 
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Armstrong Properties
115 West Buck
Caldwell TX, 77836
Offered by Lalit Thakkar of Fathom Realty: 888-455-6040.