8005 Rothington Road #1-7 Dallas, TX 75227
8 Beds
12 Baths
10,149 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Buckner Terrace Apts. #2
MLS Listing ID 21264132
Bedrooms 8
Full Baths 8
Half Baths 4
HOA Y/N None
Total Fin. Sqft 4960
Year Built 1983
Annual Tax Amount $12,626
Lot Size 10,149 Sqft
Acres 0.233
Property Sub-Type Quadruplex
Property Description
Exceptional investment opportunity in the heart of Dallas. 8005 Rothington Rd. Units 1, 3, 5, and 7 is a well positioned fourplex offering immediate upside potential with 50% occupancy and below market rents on the occupied units, creating an excellent opportunity to increase cash flow. Two vacant units have been beautifully updated with new appliances and are ready for immediate lease up or owner occupancy.
Each spacious unit features one of the largest floor plans in the community with 2 bedrooms and 2.5 baths. The functional layout includes a convenient half bath downstairs for guests, while each oversized bedroom offers a private ensuite bath, two closets, including a generous walk in closet, and abundant storage. Residents will also enjoy covered, fenced private patios that provide additional outdoor living space.
Long term tenants offer immediate income while the renovated vacant units provide excellent leasing potential. Ideally located approximately 15 minutes from Downtown Dallas with convenient access to major highways, shopping, dining, and entertainment. Property is within walking distance to Frank Guzick Elementary School and Skyline High School.
No HOA. Property is being sold as is, where is. Seller is offering owner financing with a minimum 25% down payment. Balloon payment due in 4 to 6 years. Interest rate to be determined based on current market conditions and the financial strength of the borrower. This is an outstanding opportunity for investors seeking strong income potential, value add opportunities, and flexible financing in a growing Dallas market. Buyer and buyer's agent to verify all information, including measurements, schools, taxes, zoning, and property condition.
Location
State TX
County Dallas
Community Curbs, Sidewalks
Direction See GPS
Interior
Interior Features Decorative Lighting, Eat-in Kitchen, Walk-In Closet(s)
Heating Central, Fireplace(s)
Cooling Ceiling Fan(s), Central Air
Flooring Ceramic Tile, Laminate
Fireplaces Number 4
Fireplaces Type Wood Burning
Appliance Electric Oven, Electric Water Heater, Refrigerator
Heat Source Central, Fireplace(s)
Exterior
Exterior Feature Covered Patio/Porch
Fence Wood
Community Features Curbs, Sidewalks
Utilities Available City Sewer, City Water, Electricity Available, Individual Water Meter, Sewer Available
Roof Type Composition
Garage No
Building
Lot Description Corner Lot
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Frank Guzick
Middle Schools H.W. Lang
High Schools Skyline
School District Dallas Isd
Others
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21264132
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