8005 Rothington Rd Unit 1-7, Dallas, TX 75227

$649,000
8
BD
12
BA

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List Price
$649,000
MLS#
21264132
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1983
Construction Status
Preowned
Bedrooms
8
Full Baths
8
Half Baths
4
Acres
0.23
County
Dallas
City
Dallas
Subdivision
Buckner Terrace Apts. #2
Building Name
Buckner Terrace Apts #2

Property Description

***OWNER FINANCING AVAILABLE!*** Exceptional investment opportunity in the heart of Dallas. 8005 Rothington Rd. Units 1, 3, 5, and 7 is a well positioned fourplex offering immediate upside potential with 50% occupancy and below market rents on the occupied units, creating an excellent opportunity to increase cash flow. Two vacant units have been beautifully updated with new appliances and are ready for immediate lease up or owner occupancy. Each spacious unit features one of the largest floor plans in the community with 2 bedrooms and 2.5 baths. The functional layout includes a convenient half bath downstairs for guests, while each oversized bedroom offers a private ensuite bath, two closets, including a generous walk in closet, and abundant storage. Residents will also enjoy covered, fenced private patios that provide additional outdoor living space. Long term tenants offer immediate income while the renovated vacant units provide excellent leasing potential. Ideally located approximately 15 minutes from Downtown Dallas with convenient access to major highways, shopping, dining, and entertainment. Property is within walking distance to Frank Guzick Elementary School and Skyline High School. No HOA. Property is being sold as is, where is. Seller is offering owner financing with a minimum 25% down payment. Balloon payment due in 4 to 6 years. Interest rate to be determined based on current market conditions and the financial strength of the borrower. This is an outstanding opportunity for investors seeking strong income potential, value add opportunities, and flexible financing in a growing Dallas market. Buyer and buyer's agent to verify all information, including measurements, schools, taxes, zoning, and property condition.

Additional Information

Unexempt Taxes
$12,626
Amenities
Fireplace
Appliances
Electric Oven, Electric Water Heater, Refrigerator
Lot Size
10,149
Acres
0.23
Lot Description
Corner Lot
Interior Features
Decorative Designer Lighting Fixtures, Eat-In Kitchen, Walk-In Closet(s)
Flooring
Tile, Laminate
Foundation
Slab
Roof
Composition
Stories
2
Pool Features
None
Fireplaces
4
Fireplace Type
Wood Burning
Parking Garage
Open
School District
Dallas Isd
Elementary School
Frank Guzick
Middle School
H.W. Lang
High School
Skyline
Possession
CloseOfEscrow
Possession
CloseOfEscrow
Community Features
Curbs, Sidewalks

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Cassandra Elder from eXp Realty LLC. Contact: 469-441-6911