$199,000
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1520 Glen Avenue Dallas, TX 75216
2 Beds
2 Baths
0.27 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Cedar Crest
MLS Listing ID 20801837
Sold Date 02/21/25
Bedrooms 2
Full Baths 2
HOA Y/N None
Total Fin. Sqft 1272
Year Built 1948
Annual Tax Amount $4,866
Lot Size 0.271 Acres
Acres 0.271
Property Sub-Type Duplex
Property Description
This unique single-family home has been divided into a profitable income-producing duplex, offering an exceptional investment opportunity. Each unit features 1 bedroom, 1 bathroom, a kitchen, and a cozy living room area, providing comfortable and functional spaces for tenants.
Both units come equipped with washer and dryer connections, and the bathrooms have been recently remodeled within the past year, ensuring modern convenience and appeal. Currently, combined rental is $2,400 per month in rental income, with tenants on a month-to-month basis.
The existing tenants plan to vacate upon the sale of the property, but they are open to staying if the current rental agreement is maintained. This opens the door to either seamless cash flow continuation or the opportunity to attract new tenants at increased rental rates, further enhancing your return on investment.
Whether you're looking to expand your rental portfolio or seeking a property with incredible earning potential, this duplex is a must-see. Don't miss out on this versatile and profitable real estate gem!
Location
State TX
County Dallas
Direction follow GPS
Interior
Interior Features Eat-in Kitchen, Other
Heating Central
Cooling Central Air
Flooring Combination
Appliance Dishwasher, Disposal, Electric Cooktop
Heat Source Central
Exterior
Utilities Available City Sewer, City Water
Roof Type Shingle
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Block,Concrete
Schools
Elementary Schools Harllee
School District Dallas Isd
Others
Ownership of record
Financing Conventional
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Bought with Bobby Schleizer • Rogers Healy and Associates