About 1601 Mary K Lane
Rare investment opportunity on a corner-lot fourplex with over $40,000 in recent renovations. Each of the four units offers 2 bedrooms, 2 full baths, refrigerator, stove, dishwasher, and washer and dryer connections, creating highly desirable living spaces. All units are individually metered and fully electric with no gas. Roof was replaced in 2016. Current rents range from $1,000 to $1,050 per unit, while similar units in the complex lease for up to $1,200. All four units are currently occupied, providing immediate income and strong rental appeal. Per Seller, no Seller Financing and no emailed offers. All offers must be on a contract signed by the buyer and presented with a POF and Pre-approval for me to present. Thank you.
Features of 1601 Mary K Lane
| MLS® # | 20832652 |
|---|---|
| Price | $649,000 |
| Bedrooms | 8 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Acres | 0.25 |
| Year Built | 1985 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 1601 Mary K Lane |
|---|---|
| Subdivision | Cambridge Add |
| City | White Settlement |
| County | Tarrant |
| State | TX |
| Zip Code | 76108-3531 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Parking Spaces | 8 |
| Garages | Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Other |
|---|---|
| Heating | Electric |
| Fireplace | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Brick, Frame, Siding |
| Foundation | Slab |
School Information
| District | White Settlement ISD |
|---|---|
| Elementary | Liberty |
| Middle | Brewer |
| High | Brewer |
Financial Information
| HOA | None |
|---|---|
| Tax Unexempt | $10,343 |
Listing Details
| Agent | Denise Abrams |
|---|---|
| Office | Green Light Property Managemen |
| Contact Info | 817-200-7982 |