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About the Listing HFNT01 - 0736689
BACK ON THE MARKET AT NO FAULT OF THE SELLER! $10,000 BUYER CREDIT Inspections available. Stable income! Major capital improvements! Desirable floor plans! This fully occupied fourplex delivers the qualities investors value most, combining immediate cash flow with thoughtful ownership and significant recent improvements in one of NW Dallas' most established rental markets. Each townhome-style residence offers approx 1,600 sqft, 3 beds, 2 full baths, spacious living and dining areas, refrigerators incl w abundant storage, oversized walk-in closets, and unique floor plan that has proven attractive. Each unit includes 1 assigned covered and 1 assigned uncovered parking space for a total of 8 assigned spaces. Unit sqft is approx and should be independently verified by Buyer and Buyer's Agent. Current owner has consistently invested in preserving and improving the property, completing a foundation repair for Unit 3650 in 2023, a complete sewer line replacement in 2024, fresh interior and exterior paint, professionally updated landscaping, exterior improvements, and ongoing preventative maintenance. These completed improvements help reduce future capital expenditures while protecting the property's long-term performance. All 4 units are leased through 2027, providing stable occupancy and predictable rental income. Property generates an additional $175 per month in water, sewer and trash reimbursement income. Income, expenses, lease information, and current rental rates available in MLS reflect the property's actual operating performance. Near 35E, 635, Love Field, Downtown Dallas, and Medical District, the property offers convenient access to major retail, dining, and everyday amenities that continue to support strong tenant demand. For investors seeking an asset with established income, desirable tenant amenities, documented capital improvements, and a history of attentive ownership, this property offers an exceptional foundation for long-term portfolio growth!
Listing Highlights
Interior Details
- Bedrooms: 12
- Bathrooms: 8 Full
- Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
- Air Cond: Ceiling Fan(s),Central Air,Electric
- Heating: Central,Electric
- Fireplaces: 4, Decorative
- Floor: Carpet,Ceramic Tile,Luxury Vinyl Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Eat-in Kitchen,Granite Counters,High Speed Internet Available,Pantry,Walk-In Closet(s),Second Primary Bedroom
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 8
- Roof: Flat
- Others: Preowned
- Sewer:
- Parking Features: Alley Access,Assigned,Carport,Off Street
Financial Details
- Tax Amount: $19,647
- Taxes w/Assessments: N/A
- Tax/Property ID: 00000586387000000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
3650 Rickshaw Dr Dallas, TX 75229
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