Grand Prairie, TX 75050 2401 Doreen Street
$1,200,000



6 more







Presented By: Matteo Faeth with Dallas Property Advisors, LLC; 469-554-0430
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Sitting on almost half an acre in Grand Prairie, The Doreen Townhomes, represents a value add multi family opportunity. Current ownership has implemented a Section 8 tenant base strategy and is getting higher than market rents because of it. The value lies in renovating the last remaining unit and getting all units to maximum allowable rents. 4 of the units are 3-bedroom and 1.5 bath with the 5thand 6th being 4- bedrooms. All units are two stories and roughly 1375 square feet. Property is near major employers and Interstate 30.
Presented By: Matteo Faeth with Dallas Property Advisors, LLC; 469-554-0430
Interior Features for 2401 Doreen Street
Bathrooms
Total Baths
Other Interior Features
FlooringLuxury Vinyl Plank
Interior FeaturesGranite Counters
Lock Box TypeNone
Total Units6
Unit Count
General for 2401 Doreen Street
# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal
Capitalization Rate6.54
CityGrand Prairie
Complex NameTownhomes at Doreen
Construction MaterialsBrick, Siding
CoolingCentral Air
CountyTarrant
DirectionsHead west on Dalworth. Make a right on NW 24th st. Corner of 42nd and Doreen
Elementary SchoolCrouch
Elementary School NameCrouch
Gross Annual Expenses33108.00
HOA TypeNone
HeatingCentral
High SchoolSam Houston
Insurance Expense3900
Junior High SchoolCarter
LevelsTwo
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
School DistrictArlington ISD
Standard StatusActive
StatusActive
Subdivision NameDalworth Hills Sub
TenancyOver 9 Months
Unexempt Taxes14283
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1972
Year Built DetailsPreowned
Exterior for 2401 Doreen Street
Attached Garage Y/NNo
Building Area Total8250.00
Foundation Slab
Garage Y/NNo
Lot FeaturesCorner Lot
Lot Size Acres0.4580
Lot Size Area0.4580
Lot Size Square Feet19950.4800
Lot Size UnitsAcres
Number Of Parking Spaces12
Parking FeaturesOn Site, On Street
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Crouch Elementary School

Suzanne Smith
Broker/Owner