Arlington, TX 76011 1122 N Center Street
$425,000



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Presented By: Sam Adi with eXp Realty, LLC; 888-519-7431
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Rare Investment Opportunity in Arlington, TX
Updated and income producing, this property offers the perfect blend of stability and opportunity. Currently, one unit is leased at $1,400 a month, providing instant cash flow, while the second unit is vacant and ready for its next tenant or for use as a short-term rental.
Located in Arlington’s Airbnb approved zone, this property opens the door to strong returns through either traditional leasing or Airbnb hosting. The updates throughout make it move-in ready and attractive to tenants and guests alike.
With two units available for sale, investors can secure both for maximum earning potential or choose the strategy that fits their portfolio best. Properties in this location, with income in place and short-term rental eligibility, are a rare find.
1124 N. Center is included in asking price and are being sold together.
Presented By: Sam Adi with eXp Realty, LLC; 888-519-7431
Interior Features for 1122 N Center Street
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths2
Other Interior Features
FlooringLaminate
Interior FeaturesCable TV Available, Eat-in Kitchen
Lock Box TypeCombo
Occupancy Rate50
Total Units2
Unit Count1
General for 1122 N Center Street
# of Buildings1
AppliancesDishwasher, Disposal, Microwave, Refrigerator
Capitalization Rate3.67
CityArlington
Complex NameAvondale Addition
Construction MaterialsBrick, Concrete, Wood
CoolingCentral Air
CountyTarrant
DirectionsPlease follow Google maps.
Elementary SchoolWebb
Elementary School NameWebb
Full Baths2
Gross Annual Expenses5000.00
HOA TypeNone
HeatingCentral
High SchoolLamar
Insurance Expense3000
Junior High SchoolNichols
LevelsOne
Listing TermsCash, Conventional
Occupant TypeTenant
Operating Expense IncludesInsurance, Maintenance, Manager
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
School DistrictArlington ISD
Standard StatusActive
StatusActive
Subdivision NameAvondale Place Add
TenancyLease While on Market
Unexempt Taxes6802
UtilitiesCity Sewer
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1980
Year Built DetailsPreowned
Exterior for 1122 N Center Street
Building Area Total2012.00
Foundation Slab
Lot Size Acres0.1540
Lot Size Area0.1540
Lot Size Square Feet6708.2400
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesOff Street
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Webb Elementary School

Suzanne Smith
Broker/Owner