Hurst, TX 76053,700 E Pecan Street
$500,000
Est.Price: ?

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8 BD
8 BA
4,252 SqFt

700 E Pecan Street Hurst, TX 76053

Est. payment /mo
SOLD DATE : 08/26/2021

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,252 sqft

Price per Sqft $117

Subdivision Oak Grove Add

MLS Listing ID 14630109

Bedrooms 8

Full Baths 8

Year Built 1971

Annual Tax Amount $9,811

Lot Size 0.290 Acres

Property Description

Seller will be replacing roof so buyer will have a brand new roof. All four units are 2 bedroom-2 bath mixes offering over 1,000 SF of living space with washer-dryer hookups. Rents are as follows for each unit: 700-$920; 702-$950; 704-$995; 706-$875. Property is way under market rents based on comps, with property within 2 miles and only 1.5 baths vs 2 achieving $1,249 in rents. See Transaction Documents for comps. This presents an opportunity for an investor to capture significant upside potential while also owning a a cash flowing property in the Mid-Cities. Property includes covered parking in the back. Owner pays for water and $75 in rent goes toward water. Tenant pays for own electric.

Location

State TX

County Tarrant

Interior

Heating Central, Electric

Cooling Central Air, Electric

Exterior

Fence Wood

Utilities Available Asphalt, City Sewer, City Water, Community Mailbox

Roof Type Composition

Building

Story One

Foundation Slab

Structure Type Brick,Siding,Wood

Schools

Elementary Schools Bellaire

Middle Schools Hurst

High Schools Bell

School District Hurst-Euless-Bedford Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Esther Cho • Redwood Realty Inc.
Bought with Ana Cecilia Miranda • VIP Realty

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Tia Hicks

Agent | License ID: 816807

+1(469) 544-5076

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