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516 Rita Lane Arlington, TX 76014
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,244 sqft
Price per Sqft $135
Subdivision Park Side Place
MLS Listing ID 14649375
Sold Date 11/15/21
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N None
Total Fin. Sqft 4244
Year Built 1985
Annual Tax Amount $9,094
Lot Size 0.286 Acres
Acres 0.286
Property Description
WOW! Fantastic cash-flowing fourplex in terrific Arlington location. RIGHT NEXT TO MEDICAL CITY. Short walk to Vandergriff Park. Units A, B, and C have all been remodeled in the past 12 months, leased at $1,150 per month, and have awesome well-qualified tenants. Unit D is leased at $910 per month with long-term tenant on month to month lease. Roof replaced in summer of 2020. Recent siding repairs and brick work. All the work has already been done! Don't miss your chance to own this low-maintenance money-maker! Survey, T 47, Seller's Disclosure, and Rent Roll are all in Transaction Desk.
Location
State TX
County Tarrant
Direction Exit Matlock from 20 and head North on Matlock. Take a right on Rita Ln. Property will be on your right.
Interior
Interior Features Central Vacuum, Decorative Lighting, High Speed Internet Available, Wet Bar
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Ceramic Tile, Laminate, Luxury Vinyl Plank
Fireplaces Number 4
Fireplaces Type Brick, Wood Burning
Appliance Dishwasher, Disposal, Electric Range, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Rain Gutters
Fence None
Utilities Available Alley, City Sewer, City Water, Concrete, Curbs, Individual Water Meter, Sidewalk
Roof Type Composition
Parking Type 2-Car Single Doors, Garage Faces Rear, On Street
Garage No
Building
Lot Description Corner Lot, No Backyard Grass, Park View
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Wood
Schools
Elementary Schools Burgin
Middle Schools Workman
High Schools Bowie
School District Arlington Isd
Others
Ownership LANDALIUM LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Jimmy Lam • Kimberly Adams Realty
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