Updated almost 7 years ago on . Most recent reply
Unique rental opportunity: 10 bedrooms
Unique income producing rental in Lakewood subdivision of Garland! There are 10 bedrooms and 2.1 baths. 7 of the 10 are currently rented out for $3785 a month total (includes all utilities). 1 room is vacant, and the other 2 are for the owner and his son. Upstairs there are 2 bedrooms, 1 bath, fridge and sink. Rent report available upon request. If you rented out all 10 rooms you could get $5500 a month or $66,000 a year in rental income! The house is currently rent ready, but we budgeted $20,000 for clean up, make ready, and misc items. Amazing cash flow deal. Occupied. Do not disturb.
Price: $200,563
Rehab: $20,000
NPO: $265,000
Offering