tomo logo

$589,900

Beds
12
Baths
6.0
sq ft
3,200

1809 W E Roberts Dr, Grand Prairie, TX 75051

1809 W E Roberts Dr

Grand Prairie, TX 75051

  • 2 days on market
Great multifamily investment opportunity in the heart of Grand Prairie, TX. Five out of six units already leased and five out of the six units have been remodeled, this property offers immediate cash flow and the potential for continued value add with rent bumps to market rates. Tenants pay for Electricity & Internet, and the owner pays for water, Sewer, and Trash. New owner upon lease renewals could start to bill back on water sewer and trash if they wanted to. Brand New roof in 2023!! All units are 2 bedrooms and 1 bathroom. This property has easy access to major highways, schools, shopping, and recreational amenities. Grand Prairie's steady growth ensures a consistent demand for rental units in this area. Reach out for more info on Financials! Expenses in the MLS include, Taxes, insurance, repairs & maintenance, trash, water & sewer, Lawn, Pest control. Income is figured all units at their current rate with the 6th unit being leased at $995.

Details

Property type

Apartment

Lot size

7,492.32 sq ft

Price per sq ft

$185

Year built

1963

Annual property taxes

$8,741

Price History

06/28/2024
NTREIS

NTREIS #20653410

Listed
$589,900

Schools & Community

Elementary school: 

Daniels

Middle school: 

Adams

High school: 

Grand Prairie

School district: 

Grand Prairie ISD

Status: Active

Tomo last checked: 06/30/2024 at 9:30 PM

Listing updated: 06/30/2024 at 12:03 PM

Listed by: Bryson Swiggart, Compass RE Texas , LLC Phone #: (214) 814-8100

MLS: NTREIS #20653410

NTREIS logo

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