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  • Price$850,000
  • Acres0.21
  • Built1965

2505 Yorkshire Street, Irving

This two building Fourplex is a turn-key property with 6 Unit Renovations, long-term residents, a 100% occupancy making this property a 6.33% CAP with a NOI of $53,830. The Current Owners Purchased in 2011-2012 and have renovated 6 of the 8 units; the other 2 units have long term tenants (5 & 8 years). Rent increased on the renovated units to $900, effective 10-1-2018. The two non-renovated units, rent was raised to $700. Seller is willing to issue a credit at closing to either cover rent or Costs to Renovate the Remaining Units of $12,000. Current Owner never charged for water or laundry which give the new owner a value-add opportunity. Owner is selling the property to pull out equity for a larger property.

Essential Information

  • MLS® #13993584
  • Price$850,000
  • Bathrooms0.00
  • Acres0.21
  • Year Built1965
  • TypeMulti-Family
  • Sub-TypeApartment / 5-Plex+
  • StatusActive Option Contract

Amenities

  • UtilitiesCity Sewer, City Water, Curbs, Sidewalk, Asphalt
  • Parking Spaces8
  • GaragesRear, Uncovered, Area Assigned, Assigned Spaces

Exterior

  • RoofComposition
  • ConstructionFrame/Brick Trim, Wood, Concrete
  • FoundationSlab

Listing Details

  • Listing AgentLogan Waller
  • Listing OfficeWaller Group LLC

Community Information

  • Address2505 Yorkshire Street
  • AreaIRVING AREA (26)
  • SubdivisionHighland Park Estates
  • CityIrving
  • CountyDallas
  • StateTX
  • Zip Code75061-6714

Interior

  • Interior FeaturesOther, Window Coverings
  • AppliancesDishwasher, Drop-In Range/Oven-Elec, Vent Mechanism
  • HeatingCentral Air-Elec, Central Heat-Elec
  • # of Stories2
  • Stories2

School Information

  • DistrictIrving ISD
  • ElementaryBarton
  • MiddleCrockett
  • HighIrving
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Listing information last updated on January 22nd, 2019 at 4:46pm CST.