$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](/_next/static/media/ntreisLogo.8bd2569b.png)
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](/_next/static/media/ntreisLogo.8bd2569b.png)
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