Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1960
Sq.Footage
1,623
3 Property Portfolio with Strong Rental Income! These are being sold together ONLY. Investor opportunity in Cedar Hill! 161 Hood St is being offered as part of a 3-property rental portfolio only, together with 163 Hood St and 309 S Main St. Seller will not consider individual property offers. See attached Exhibit A supplemental document for the additional portfolio properties included with this offering. Portfolio is currently producing $4,800 per month in scheduled rental income, or $57,600 per year in gross scheduled rents, based on current lease information. 161 Hood features an occupied single-family rental with in-place lease income and a rear shed area that includes a one-bedroom apartment setup. For the right investor, additional improvements such as plumbing updates, utility separation, split meter work, and any required permits or approvals may create an opportunity to further improve income potential. P&L statements for the last 12 months, seller disclosures, leases, and additional portfolio documents are available in MLS supplements. Buyer and buyer’s agent to verify all details. Rear shed or workshop contains a one-bedroom apartment setup; seller makes no representation regarding permitted status, separate utility capability, habitability, or future rent potential. Buyer to perform all due diligence. Showings to be coordinated with tenant notice and or as agreed by seller.
Features & Amenities
Interior
-
Other Interior Features
High Speed Internet
-
Total Bedrooms
3
-
Bathrooms
1
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric, Roof Turbine(s)
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding
-
Parking
Attached Carport, Unpaved
-
Patio and Porch Features
Covered, Deck, Rear Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Few Trees, Level
-
Lot Size(acres)
0.2105
-
Lot Size(square feet)
9169.0
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$729,900
-
Tax Amount
$5,592
-
Sq. Footage
1, 623
-
Price/SqFt
$449
HOA
-
Association
No
School District
-
Elementary School
Highpointe
-
Middle School
Besse Coleman
-
High School
Cedar Hill
Property Features
-
Foundation Details
Pillar/Post/Pier, Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
9
-
Water Source
Public
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Location
County
Dallas
Elementary School
Highpointe
Middle School
Besse Coleman
High School
Cedar Hill
Listing Courtesy of Calvin Lyman , VIP Realty
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