Skip To Content

1607 Marburg Street

Dallas, TX 75215
  • $250,000
  • STATUS: Active
  • ON SITE: 236 Days
  • MLS #: 20251252
UPDATED: 51 min ago
$250,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Gabrielle Wolff of Keller Williams Realty Dpr: 214-659-1890.

Description

Turn key, incredible cash flow opportunity with amazing cap rate. 2 bed 1 bath side just added completely new in early 2020, existing 3 bed 1 bath side recently remodeled as well. Fully leased on month to month lease to one tenant for 1800 a month who is subleasing each side. Tenant pays utilities. This property is distressed, being sold as-is. Seller does not and never has lived in the property, buyer to do due diligence. unrepresented buyers will be appointed an agent other than listing agent so please contact your agent of choice for info. Owner does not keep any documentation nor will he provide anything other than sdn and lbp. No showings without executed contract, no exceptions.

Monthly Payment Calculator



© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Russell Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Russell Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-27T13:43:23.933.
www.russellhouses.com/homes/136660381
Print Image

1607 Marburg Street Dallas, TX 75215

  • Price: $250,000
  • Status: Active
  • On Site: 236 Days
  • Updated: 51 min ago
  • MLS #: 20251252
5
Beds
2
Baths
0
½ Baths
0.17
Acres
1940
Built
Neighborhood:
Ervay Terrace
County:
Dallas
Area:
Dallas
Elementary School:
Rice
High School:
Lincoln
School District:
Dallas ISD
Property Description
Turn key, incredible cash flow opportunity with amazing cap rate. 2 bed 1 bath side just added completely new in early 2020, existing 3 bed 1 bath side recently remodeled as well. Fully leased on month to month lease to one tenant for 1800 a month who is subleasing each side. Tenant pays utilities. This property is distressed, being sold as-is. Seller does not and never has lived in the property, buyer to do due diligence. unrepresented buyers will be appointed an agent other than listing agent so please contact your agent of choice for info. Owner does not keep any documentation nor will he provide anything other than sdn and lbp. No showings without executed contract, no exceptions.
Exterior Features

Construction Vinyl Siding Foundation Pillar/Post/Pier Parking Or Garage Garage Faces FrontOn StreetOpen Parking Spaces 4 Pool On Property No Roof Composition

Interior Features

Appliances Electric Range Attached Garage Yes Cooling Window Unit(S)Other Garage Yes Handicap YN No Heating Other Interior Features Other

Property Features

Building Area Source Owner Building Area Total 2106.00 Complex Name Marburg Construction Status Preowned Gross Annual Expenses 5336.00 Gross Annual Income 21600.00 HOA None Insurance Expense 624 Levels One List MLSProvider Collin County Association Of Realtors Listing Terms Cash Municipal Utility District No Net Operation Income 15640 Operating Expense Includes InsuranceNew Tax Possession Closing/FundingLease OutstandingNegotiable Property Type Duplex Unexempt Taxes 852 Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Russell Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Russell Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-27T13:43:23.933.
 
https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20251252-2.jpg
Logo
Russell Realty
201 W Virginia St Suite 100
McKinney TX, 75069
Offered by Gabrielle Wolff of Keller Williams Realty Dpr: 214-659-1890.