Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1960
Sq.Footage
1,623
HUGE price reduction! Investor opportunity in Cedar Hill! 161 Hood St is being offered, either as a separate purchase, or together with 163 Hood St and 309 S Main St. 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. HVAC installed in 2012. New roof installed in 2022. 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. Current scheduled rents: $4,800 monthly, $57,600 annually. Staggered lease expirations through 2026–2027. Current gross rent multiplier: approx. 12.7x at list price. Buyer to verify taxes, insurance, expenses, lease terms, condition, and future rent potential. Being sold individually or as a package alongside #21262206 and #21262052
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
-
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
$239,900
-
Tax Amount
$5,592
-
Sq. Footage
1, 623
-
Price/SqFt
$147
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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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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