3620 Rickshaw Drive new Save Request In-Person Tour Request Virtual Tour
Dallas,TX 75229
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,594 sqft
Price per Sqft $181
Subdivision Walnut Gardens
MLS Listing ID 20982660
Bedrooms 12
Full Baths 8
Half Baths 4
Year Built 1969
Annual Tax Amount $16,367
Lot Size 10,018 Sqft
Property Sub-Type Quadruplex
Property Description
This beautifully maintained and upgraded 4-plex (townhouse style) is a true gem for any investor seeking strong income potential in a highly desirable location. Nestled in the serene community of Walnut Gardens, this property offers a rare combination of tranquility and convenience. Just steps from a greenbelt and park, and only minutes to vibrant Downtown Dallas, schools, and endless shopping and dining options.
One of the standout features of this property is the very attractive assumable loan of only $630,000 at an incredible 2.75% interest rate, offering substantial savings and instant equity for savvy buyers. The property is already income-producing with one upgraded unit currently renting at $2,300 month, and rent.com indicates the potential to reach up to $2,600 a month with further upgrades. With three units still left to update, there's significant upside in both rent and overall property value. Whether you're expanding your portfolio or seeking a low-maintenance income producer, this property stands out with its great location, long-term value, and unbeatable location.
Location
State TX
County Dallas
Interior
Heating Natural Gas
Cooling Central Air,Electric
Flooring Carpet,Combination,Luxury Vinyl Plank
Exterior
Garage Spaces 8.0
Utilities Available City Sewer,City Water
Roof Type Shingle
Building
Story Two
Foundation Slab
Structure Type Brick,Siding
Schools
Elementary Schools Degolyer
Middle Schools Marsh
High Schools White
School District Dallas Isd
Others
Acceptable Financing Assumable,FHA Assumable
Listing Terms Assumable,FHA Assumable
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20982660