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511 John Vernon Lane Euless, TX 76040
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,562 sqft
Price per Sqft $173
Subdivision Oak Crest Estates
MLS Listing ID 14559000
Sold Date 07/12/21
Bedrooms 22
Full Baths 11
Half Baths 1
HOA Y/N None
Total Fin. Sqft 9562
Year Built 1960
Annual Tax Amount $3,059
Lot Size 9,496 Sqft
Acres 0.218
Property Description
100% occupied cash-flowing portfolio of investment properties that consists of 7 houses all individually deeded with 1 located in Euless and 6 located in Mesquite and within walking distance of schools and parks. Current ownership has spent over $520,000 in recent capital improvements. All the units are well maintained with a mix built in the '50s and0 60s and stay full with long-term renters. Each unit is individually metered for electricity and water. The units consist of six 3-bedrooms and one 4-bedroom and average 1,366sf. The houses offer driveways, covered parking on select units, and private fenced back yards. The units rent for $1,543 per mo. on average and tenants pay the utilities individually.
Location
State TX
County Tarrant
Direction From 360 go to FAA Blvd and go west, then Left on E Huitt, Right on Dickey, Left on Slaughter and Right on John Vernon
Interior
Interior Features Cable TV Available, Central Vacuum, High Speed Internet Available
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Other, Vinyl
Fireplaces Number 2
Fireplaces Type Brick
Appliance Electric Cooktop, Gas Cooktop, Microwave
Heat Source Central, Electric
Exterior
Exterior Feature Covered Deck, Covered Patio/Porch, Rain Gutters
Fence Chain Link, Wood
Utilities Available Asphalt, City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter
Roof Type Composition
Parking Type Covered
Total Parking Spaces 14
Garage Yes
Building
Lot Description Acreage, Corner Lot, Few Trees, Landscaped, Lrg. Backyard Grass
Story One
Foundation Slab
Structure Type Brick,Wood
Schools
Elementary Schools Lakewood
Middle Schools Bedford
High Schools Bell
School District Hurst-Euless-Bedford Isd
Others
Ownership WAYNE SFR
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Financing Cash
Special Listing Condition Other
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Bought with Todd Franks • Redwood Realty Inc.
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