Dallas, TX 75227 8005 Rothington Road # 51-57
$550,000



5 more





Presented By: Jacob Stevenson with Compass RE Texas, LLC.; 469-367-2655
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Showing window Saturday December 13th from 10 AM to 11 AM. Final and best offers due Monday at 12 PM.
Well maintained quadplex in a strong rental pocket offering instant equity and clear upside for the next owner. All four units, 51, 53, 55 and 57, feature a two story layout with a living room, fireplace, wet bar, kitchen, dining area, half bath and laundry connections on the first level. Upstairs includes two bedrooms and a full bathroom. Interiors have updated paint and wood style vinyl plank flooring that holds up well to tenant traffic.
This property sits within a federally designated Opportunity Zone which offers a strategic long term tax advantage. Each unit is individually metered and tenants pay all their own utilities. There is no HOA and no shared dumpster cost which keeps operating expenses very low. The location continues to attract reliable renter demand with convenient access to major commuting routes and area employment.
Unit 55 is currently leased at 1300 per month. Market rents support 1300 to 1400 per month which provides immediate room for income growth as the remaining units are leased and stabilized. The property is clean and ready for the next owner to step in, finish leasing, and allow the equity and cash flow to follow. A straightforward value add opportunity with strong fundamentals and minimal heavy lifting.
Presented By: Jacob Stevenson with Compass RE Texas, LLC.; 469-367-2655
Interior Features for 8005 Rothington Road # 51-57
Bedrooms
Total Bedrooms8
Bathrooms
Half Baths4
Total Baths8
Other Interior Features
Fireplace FeaturesBrick
Fireplaces Total4
FlooringLuxury Vinyl Plank
Interior FeaturesCable TV Available, Flat Screen Wiring, High Speed Internet Available
Lock Box TypeCall Listing Office
Total Units4
Unit Count1
General for 8005 Rothington Road # 51-57
# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Refrigerator
Capitalization Rate8.18
Carport Spaces
CityDallas
Complex NameRothington Units 51 - 57
Construction MaterialsBrick
CoolingCentral Air
CountyDallas
DirectionsGPS Friendly
Elementary SchoolFrank Guzick
Elementary School NameFrank Guzick
Full Baths4
Gross Annual Expenses17844.00
HOA TypeNone
HeatingCentral
High SchoolSkyline
Insurance Expense4256
LevelsTwo
Number of Garage Spaces0
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
School DistrictDallas ISD
Standard StatusActive
StatusActive
Subdivision NameBuckner Terrace Apts 02
Unexempt Taxes11185
Unit Number51-57
UtilitiesCable Available, City Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1983
Year Built DetailsPreowned
Exterior for 8005 Rothington Road # 51-57
Attached Garage Y/NNo
Building Area Total4084.00
Covered Spaces
Exterior FeaturesCovered Patio/Porch
Foundation Slab
Garage Y/NNo
Lot FeaturesInterior Lot
Lot Size Acres0.2780
Lot Size Area0.2780
Lot Size Square Feet12109.6800
Lot Size UnitsAcres
Number Of Parking Spaces8
Parking FeaturesAssigned
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Frank Guzick Elementary School
High School
N/A
Suzanne Smith
Broker/Owner
