$1,764,000
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1501 Cedar Elm Drive Euless, TX 76039
17 Beds
16 Baths
0.67 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Monarch Condos
MLS Listing ID 20135831
Sold Date 10/18/22
Bedrooms 17
Full Baths 16
HOA Y/N None
Total Fin. Sqft 10200
Year Built 1995
Annual Tax Amount $21,084
Lot Size 0.666 Acres
Acres 0.666
Property Description
Offer deadline is 5pm CST Wednesday, August 24th. Please email offers or LOI with POF and Bio on buyer's recent MF deals financed.
WELL ESTABLISHED INVESTMENT OPPORTUNITY. THIS PROPERTY BOAST 10 RENTAL UNITS, ALL WITH ATTACHED GARAGES & ADDITIONAL PARKING. INCLUDES AN ADDITIONAL 0.13 ACRES. NESTLED IN MID-CITIES, WITH EASY HIGHWAY ACCESS TO THE ENTIRE DFW METROPLEX & JUST 15 MINUTES AWAY FROM THE DFW INT. AIRPORT, THIS PROPERTY IS SURE TO ATTRACT A WIDE VARIETY OF TENANTS WILLING TO PAY A COMPETITIVE RENT RATE IN ORDER TO RESIDE IN A CENTRALIZED & ESTABLISHED COMMUNITY. EACH OF THE UNITS FEATURE A 1 CAR GARAGE WITH OPENERS, IN UNIT LAUNDRY HOOK UPS, FIREPLACE & SPACIOUS INTERIORS. ALL UNITS ARE LEASED EXCEPT #103 WHICH IS BEING REHABBED AND WILL BE MARKETED FOR LEASE AT $1700 ONCE COMPLETED. PLEASE VIEW THIS UNIT ONLY AND DO NOT DISTURB THE OTHER TENANTS. ONCE THE CONTRACT IS EXECUTED ALL UNITS & LEASES WILL BE MADE AVAIABLE FOR VIEWING AND INSPECTIONS.
Location
State TX
County Tarrant
Community Curbs, Greenbelt, Other
Direction From 183, exit Euless Main and head North to Ash right to Cedar Elm right, complex sits in back and is last on block. Be sure to park in one of the un-numbered spots for guests. The front door is on the front side of the building looking out to the court yard.
Interior
Interior Features Cable TV Available, Central Vacuum, Decorative Lighting, Eat-in Kitchen, Granite Counters, Multiple Staircases, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Ceramic Tile, Laminate, Luxury Vinyl Plank
Fireplaces Number 10
Fireplaces Type Wood Burning
Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
Heat Source Central, Electric
Exterior
Exterior Feature Awning(s), Courtyard, Covered Deck, Covered Patio/Porch, Rain Gutters, Lighting, Outdoor Grill, Storage, Uncovered Courtyard
Garage Spaces 10.0
Fence Brick, Fenced, Wood
Community Features Curbs, Greenbelt, Other
Utilities Available Alley, City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Overhead Utilities, Phone Available, Sidewalk
Roof Type Asphalt,Shingle
Total Parking Spaces 10
Garage Yes
Building
Lot Description Interior Lot, Irregular Lot, Landscaped, Many Trees
Story Two
Foundation Slab
Structure Type Brick,Fiberglass Siding,Siding
Schools
School District Hurst-Euless-Bedford Isd
Others
Ownership MSR Family Partners LTD
Acceptable Financing 1031 Exchange, Cash, Contract, Conventional, FHA
Listing Terms 1031 Exchange, Cash, Contract, Conventional, FHA
Financing Conventional
Special Listing Condition Aerial Photo, Deed Restrictions
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Bought with Lalit Thakkar • Fathom Realty