**Rare Investment Opportunity: Fully Renovated Fourplex**
This corner lot fourplex is one of the best locations in this complex. All four units in this property have undergone extensive renovations, with over $40k in recent updates, ensuring modern and appealing living spaces for tenants. Each unit features 2 bedrooms and 2 full baths, complete with refrigerator, stove, and dishwasher. Additionally, all units are equipped with washer and dryer connections, enhancing tenant convenience and appeal. All units are individually metered, fully electric (no gas). The roof was replaced in 2016. Current rents for the 2bed 2bath units range from $1,000 to $1,050, with similar units in the complex renting up to $1,200. All four units are currently occupied, making this an excellent opportunity for immediate cash flow.
Don't miss this chance to invest in a well-maintained property with strong rental income potential.
Listed by Anderson Schulle
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Green Light Property Managemen
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817-200-7982
Last updated May 09, 2025
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Source: NTREIS #20832652
Listing Facts
TypeMulti-family
NeighborhoodWestern Hills Park
Bedrooms8
Bathrooms8
Days on Prevu221
Amenities
Dishwasher
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
01/31/2025
Listed by Green Light Property Managemen
$650,000
Property Details for 1601 Mary K Lane
Exterior
Construction
Number Of Units Total: 4
Roof: Shingle
Year Built: 1985
Year Built Details: Preowned
Construction Materials: Brick, Frame, Siding
Measurements
Building Area Total: 3,284
Lot Size Acres: 0.25
Lot Size Area: 0
Lot Size Square Feet: 10,933
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 05426456
Interior
Features
Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Flooring: Carpet, Luxury Vinyl Plank, Tile
Interior Features: Other
Rooms
Bathrooms Full: 8
Bathrooms Total Integer: 8
Bedrooms Total: 8
Other
Location
Subdivision Name: Cambridge Add
Tax Block: 1
Tax Lot: 1
Parking
Parking
Parking Features: Parking Lot
Schools
Elementary School
Elementary School: Liberty
Utilities
Equipment
Cooling: Electric
Heating: Electric
Utilities: City Sewer, City Water
Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
