1501 Cedar Elm Drive

Euless, TX 76039
$2,850,000

Description

Fully occupied an Exceptional Investment Opportunity in a Prime Location in Euless. Embark on a rewarding investment journey with this meticulously maintained property showcasing ten rental units, each thoughtfully designed with attached garages and abundant parking space. Set on an additional 0.13 acres to add 6 to 7 units, this property enjoys a strategic position in the Mid-Cities region, providing effortless access to the entire DFW Metroplex and a quick 15-minute drive to the DFW International Airport. Most units have been tastefully remodeled, boasting fresh paint, new fixtures, modern appliances, contemporary lighting features such as can lights and fans, luxurious wood-look vinyl flooring, and elegant quartz countertops in kitchens and bathrooms. All units have a refrigerator, washer, and dryer for added convenience. To seize this opportunity, kindly submit offers or Letters of Intent (LOI) along with proof of funds via email.

  • Property Details
      • Interior:High Speed Internet Available, Open Floorplan, Pantry
      • Lot description:Interior Lot, Irregular Lot
      • Exterior materials:Barbecue
      • Acres:0.6660
      • Property type:Multi-Family
      • Year built:1995
      • Foundation:Slab
      • Utility features:All Weather Road, Cable Available, City Sewer, City Water, Electricity Available, Individual Water Meter, Sewer Available, Sidewalk, Und
      • Subdivision:Monarch Condos
      • School district:Hurst-Euless-Bedford ISD
      • Elementary School:Lakewood
      • County:Tarrant
      • MLS #:20592668
      • Cost:2850000
      • Property subtype:Multiple Single Units
      • MLS #:20592668

Location

Phil HillReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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