2725 Patricia Ln, Garland, TX 75041

$620,000
8
BD
4
BA

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List Price
$620,000
MLS#
21323869
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1981
Construction Status
Preowned
Bedrooms
8
Full Baths
4
Acres
0.24
County
Dallas
City
Garland
Subdivision
English Estates
Building Name
Patricia Lane

Property Description

Located at 2725 Patricia Lane, this well-positioned quadplex offers investors the opportunity to acquire a four-unit multifamily property in an established Dallas County location. The property consists of four 2bedroom 1bath units, providing an efficient and highly functional unit mix for an income producing investment.Each residence features a practical floor plan with comfortable living spaces. The property also offers off street rear parking and convenient access to major thoroughfares, Downtown Garland, shopping, dining, public transportation, parks, and employment centers throughout Garland and East Dallas. For the next owner, this property presents an opportunity to evaluate current rents versus market potential, operating performance, and future value add opportunities. Whether you're expanding an established portfolio or looking for a manageable multifamily investment in the DFW market, 2725 Patricia Lane offers four separate income streams and the potential to strengthen performance over time. Whether you are expanding an existing portfolio or looking for a manageable four-unit asset in the DFW market, this property offers the fundamentals investors look for: multiple income streams, efficient unit mix, established rental demand, and a central Garland location. Buyer and buyer’s agent to verify all property details, leases, expenses, rent roll, schools, measurements, and condition.

Additional Information

Unexempt Taxes
$13,497
Lot Size
10,236
Acres
0.24
Interior Features
Cable TV
Flooring
Tile, Laminate
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
2
Pool Features
None
Parking Garage
Asphalt, Common
School District
Garland Isd
Elementary School
Choice Of School
Middle School
Choice Of School
High School
Choice Of School
Possession
CloseOfEscrow

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Lucia Rushton from eXp Realty LLC. Contact: 214-273-7102

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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