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Archived over 4 years ago

$2,999,000

8+ bd 8+ ba 36908 sqft

826 Blaylock Dr, Dallas, TX 75203

Residential Quadplex Occupied

Current Rent **

$10,000+

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $3,813
  • Bedroom: 2 bd
  • Bathroom: 2 ba
  • Square Footage: 9227 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $3,813
  • Bedroom: 2 bd
  • Bathroom: 2 ba
  • Square Footage: 9227 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 3 Details
  • Current Rent: $3,813
  • Bedroom: 2 bd
  • Bathroom: 2 ba
  • Square Footage: 9227 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 4 Details
  • Current Rent: $3,813
  • Bedroom: 2 bd
  • Bathroom: 2 ba
  • Square Footage: 9227 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No

Instant Cash Flow with MOTIVATED SELLERS

VERY MOTIVATED SELLER. All offers seriously considered. Great opportunity for instant cash flow in an increasingly high demand neighborhood. This is a package offering of 2 buildings - 826 and 832 Blaylock Dr. Both buildings were completely renovated - to the studs between 2011 and 2014. All systems and fixtures replaced at that time.

12 UNITS TOTAL.
Gross income $15,255/month. Low expenses.

Rents range from $995 - $1200/mo.

Longterm tenants in place and units lease quickly. Surrounded by Economic Development that is currently in process. Overlooks city park, minutes to downtown and the hottest shopping and dining spots. Seller is very motivated and flexible - willing to split buildings and just sell one and stay on as property management making it a great low maintenance, high cash flowing opportunity.

Location:

826 Blaylock Dr, Dallas, TX 75203

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.