Listing provided courtesy of DFW Real Estate Group- MLS# 21128584MLS ProviderContact Information: Lucas Sawyer - 817-455-6075

820 Ash StreetBurleson, TX 76028

Multi-Family · 4 Beds · 2 Full Baths · 2,174 Sq. ft. | 0.22 Acres
$368,000 Active

820 Ash Street Overview

Visits:
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*Big Price Reduction* 100% Occupied Duplex with Immediate Positive Cash Flow. Excellent investment and cash flow opportunity to acquire a remodeled, full duplex with both units leased. Remodel completed in 2019 and very well maintained by current owners. Property is ready as is with paying tenants in place. Each Unit is approximately 1,077sqft and features 2 Bedrooms, 1 Bathroom, modern ceramic floor tile throughout, double vanity, updated mirrors and lighting, walk in closets with double closet in primary bedroom, ceiling fans, updated kitchen with tile backsplash, refrigerators, separate utility room with built in cabinets, rear parking covered and uncovered, front porch, large parking and open area in back with side yard, and more. Additional cash flow and net income opportunities by reducing covered expenses. Existing monthly leases are for $1,550 which currently includes the landlord paying for mowing and water expenses. This growing area and property sees high demand for living and tenant inquiries. Minutes from the highway, groceries, restaurants, entertainment, and schools. Both sides are tenant occupied full time. Please contact agent for scheduling showing appointments.

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820 Ash Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,174
  • Price/Sq.ft. $169
  • Lot 0.22 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Burleson ISD
  • Elementary School: Norwood
  • Middle Or Junior School: Kerr
  • High School: Burleson Centennial

Income/Expenses

  • Gross Income: 37200.0
  • Insurance Expense: 2484.0
  • Net Operating Income: 23390.0
  • Operating Expense Includes: Capital Improvements,Gardener,Insurance,Maintenance,Other,Water/Sewer

Building Information

  • Year Built: 1978
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Johnson
  • Postal City: BURLESON
  • Subdivision Name: Gardens

Community/Development

  • Community Features: Curbs

Tax Information

  • Tax Annual Amount: 6419.0

General Information

  • Exclusions: storage shed in back of property
  • Listing Terms: Cash,Conventional,FHA,Texas Vet,VA Loan
  • Parcel Number: 126264702715
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2174.0

General Information

  • Appliances: Dishwasher,Electric Cooktop,Electric Range,Electric Water Heater,Refrigerator
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile
  • Foundation Details: Slab
  • Interior Features: Double Vanity,Eat-in Kitchen,High Speed Internet,Cable TV,Walk-In Closet(s)
  • Levels: One
  • Security Features: Smoke Detector(s)
  • Stories: 1
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Attached Carport,Concrete,Driveway,On Street
  • Parking Total: 4.0

Lot Information

  • Lot Features: Few Trees
  • Lot Size Acres: 0.218
  • Lot Size Area: 0.218
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9496.08
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Patio And Porch Features: Front Porch
  • Roof: Composition

General Information

  • Carport Spaces: 2.0
  • Carport: Yes
  • Covered Spaces: 2.0
  • Exterior Features: Dog Run,Rain Gutters
  • Fencing: Chain Link,Wood
  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Available,Separate Meters,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 2

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

820 Ash Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

820 Ash Street Market Data

Based on the last 30 days in this zip code

$457,369
Average List Price
$187
Average Price per Square Foot
93
Properties Sold
172
Average Days on Market
512
Properties for Sale
Calculations provided by Reliance Network


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