GREAT INVESTMENT OPPORTUNITY IN BROCK ISD!! Well maintained quadruplex on a 1.12 acre lot with a water well. Each of the four units has 3 beds, 2 baths and 1115 sq ft. of living area. Each unit also has it's own 2-car carport for parking, as well as a refrigerator, washer and dryer. Two of the units have been completely remodeled with beautiful quartz countertops, luxury vinyl plank floors and stainless steel appliances. Third unit is ready to be remodeled...flooring and countertop materials will convey with property. Concrete pads for building storage closets have been poured adjacent to the carports. Oversized lot has plenty of room to build additional units and increase your profitability. Seller has architectural plans for another quadruplex and a septic engineering report that will both convey with purchase. Roof is in the process of being replaced. With the incredibly HOT rental market in BROCK ISD, you don't want to miss out on this one!
- Price:
- $775,000
- Bedrooms:
- 12
- Full Baths:
- 8
- Acreage:
- 1.12
- Year Built:
- 2006
- Listing ID #:
- 20273658
- Street Address:
- 751 Olive Branch Rd
- City:
- Brock
- State:
- Texas
- Postal Code:
- 76087
- County:
- Parker
- Subdivision:
- Jessicas Acres
- Listing Status:
- Active
- Listing Type:
- Quadruplex
School District: Brock Isd
3-6
537 students
15 student/teacher
7-8
237 students
11 student/teacher
9-12
432 students
11 student/teacher
- Building Security:
- Smoke Detector(s)
- Construction Description:
- Siding
- Flooring:
- Ceramic Tile, Laminate, Luxury Vinyl Plank
- Foundation:
- Slab
- Interior Features:
- Cable Tv Available, Pantry, Walk-In Closet(s)
- Number Of Units:
- 4
- Number Of Units:
- 1
- Stories:
- Two
- Total # Of Buildings:
- 1
- Type Of Roof:
- Composition
- Windows:
- Window Coverings
- Year Built:
- 2006
- Year Built Description:
- Preowned
- Annual Insurance Expenses:
- 2334
- Capitalization Rate:
- 5.92
- Gross Expenses:
- 15000.00
- Gross Income:
- 60876.00
- Approximate Lot Size Range Source:
- Assessor
- Lot Features:
- Lrg. Backyard Grass
- Lot Size:
- 1 To < 3 Acres
- Lot Square Footage:
- 48917.8800
- Terms:
- Cash, Conventional, Fha
- Covered Parking Spaces:
- 8
- Number Of Carport Spaces:
- 8
- Parking Description:
- Carport, Covered
- Parking Spaces:
- 8
- Appliances:
- Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Cooling System:
- Ceiling Fan(s), Central Air
- Heating Fuel:
- Central
- Utilities:
- Septic, Well
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Shanna Boleman 817-319-4905 with Rutledge Realty Group
-
Our online database includes ALL Dallas-Fort Worth area properties listed with the North Texas MLS. Property data is courtesy of the North Texas Real Estate Information Systems (NTREIS) multiple listing service.
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