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707 Oakwood Lane Arlington, TX 76012
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Oakwood Square Add
MLS Listing ID 20531177
Bedrooms 5
Full Baths 3
Year Built 1983
Annual Tax Amount $5,478
Lot Size 10,062 Sqft
Property Description
INVESTMENT OPPORTUNITY!!! $20K BELOW recent appraisal!! Rare opportunity to purchase a full duplex in the heart of Arlington. Unit A is a 2 bedroom, 1 bath unit occupied by long-term tenant on month-to-month. Unit B is a 3 bedroom, 2 bath vacant and in serious need of some love to bring it back to it's full potential. Opportunity to rehab with updates to increase income. Recent rental comps show updated units in the area leasing in the $1300-$1400 range. Both sides have fireplaces, full size washer-dryer hookups, private fenced back yards, and separate 2 car carports. Roof in good condition according to recent roof inspection. Property to be sold as is -Price reflects consideration of condition!! Showing Unit B only - do NOT disturb tenant in Unit A; it will be available to view during Option Period only. Property held in an estate so no SD provided or Profit and Loss available Buyer will need to obtain new survey.
Location
State TX
County Tarrant
Interior
Heating Central, Fireplace(s)
Cooling Central Air
Flooring Luxury Vinyl Plank
Fireplaces Number 2
Fireplaces Type Brick, Wood Burning
Exterior
Fence Privacy, Wood
Utilities Available Alley, Cable Available, City Sewer, City Water, Curbs, Individual Water Meter
Roof Type Composition
Building
Story One
Foundation Slab
Structure Type Brick,Siding
Schools
Elementary Schools Pope
High Schools Lamar
School District Arlington Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Stephen Gordon • Front Real Estate Co