Price Reduced ListingInvestor’s dream opportunity in the heart of Garland, Texas! This well-maintained quadplex features four spacious 2-bedroom, 2-bath units, each offering approximately 1,040 square feet of comfortable living space. Located in a desirable area with strong rental demand, the property offers immediate cash flow potential with high occupancy and proven rental performance. What truly sets this property apart is the significant capital improvements already completed by ownership. Major systems have been proactively addressed, including updated HVAC systems in 6 of the 8 units across both neighboring quadplexes, completed foundation work, and updated plumbing, helping reduce future maintenance expenses and providing peace of mind for investors. Individual utility meters allow tenants to pay their own utilities, further maximizing owner efficiency and returns. This property may also be purchased alongside the neighboring quadplex, creating a rare opportunity to acquire eight total income-producing units side by side. Whether you’re expanding an existing portfolio or entering the multifamily market, this is an exceptional opportunity to own a stabilized asset with major mechanical and structural improvements already in place, strong rental demand, and long-term upside potential. OFFER DEADLINE SET FOR FRIDAY AT 6PM!
| MLS # | 21274695 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 87 |
| Listing Provided By | Seek Real Estate | Rachel Knight |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| Story(s) | 2 |
| Units | 1 |
| Building(s) | 1 |
| Acreage | 0.32 |
| Cooling | Ceiling Fan(s), Central Air, Electric |
|---|---|
| Heating | Central |
| Interior Features | Built-in Features, Cable TV Available, Decorative Lighting, Double Vanity, Open Floorplan, Pantry |
| Window Features | Window Coverings |
| Appliances | Dishwasher, Electric Range, Gas Water Heater, Convection Oven, Refrigerator |
| Fireplace Features | Brick, Wood Burning |
| Exterior Features | Private Yard |
|---|---|
| Roof | Composition |
| Security Features | Smoke Detector(s) |
| Construction Materials | Brick, Siding |
| Foundation Details | Slab |
| Garage Yn | 0 |
|---|---|
| Attached Garage Yn | 0 |
| Parking Features | Additional Parking, Parking Lot |
| Utilities | City Sewer, City Water, Individual Gas Meter, Individual Water Meter |
|---|
| Tax Lot | 6 |
|---|---|
| Tax Block | 2 |
| Tax Legal Description | ENGLISH ESTS 6/WIMBLEDON GARDENS BLK 2 LOT 6 |
| State | TX |
|---|---|
| County | Dallas |
| City | Garland |
| Zip Code | 75041 |
| Area | Dallas |
| Community Name | English Estates 6, Wimbledon Garden |
| School District | Garland ISD |
| Elementary School | Choice Of School |
| High School | Choice Of School |
| Listing VS Median (in English Estates 6, Wimbledon Garden) | |
Price: $660,000 low | high Med: $0 On site: 87 low | high Med: | |
| State | TX |
|---|---|
| County | Dallas |
| City | Garland |
| Zip Code | 75041 |
| Area | Dallas |
| Community Name | English Estates 6, Wimbledon Garden |
| School District | Garland ISD |
| Elementary School | Choice Of School |
| High School | Choice Of School |
| Listing VS Median (in English Estates 6, Wimbledon Garden) | |
Price: $660,000 low | high Med: $0 On site: 87 low | high Med: | |