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707 Oakwood Lane Arlington, TX 76012
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Oakwood Square Add
MLS Listing ID 20531177
Sold Date 03/11/24
Bedrooms 5
Full Baths 3
HOA Y/N None
Total Fin. Sqft 2090
Year Built 1983
Annual Tax Amount $5,478
Lot Size 10,062 Sqft
Acres 0.231
Property Description
INVESTMENT OPPORTUNITY!!! $20K BELOW recent appraisal!! Rare opportunity to purchase a full duplex in the heart of Arlington. Unit A is a 2 bedroom, 1 bath unit occupied by long-term tenant on month-to-month. Unit B is a 3 bedroom, 2 bath vacant and in serious need of some love to bring it back to it's full potential. Opportunity to rehab with updates to increase income. Recent rental comps show updated units in the area leasing in the $1300-$1400 range. Both sides have fireplaces, full size washer-dryer hookups, private fenced back yards, and separate 2 car carports. Roof in good condition according to recent roof inspection. Property to be sold as is -Price reflects consideration of condition!! Showing Unit B only - do NOT disturb tenant in Unit A; it will be available to view during Option Period only. Property held in an estate so no SD provided or Profit and Loss available Buyer will need to obtain new survey.
Location
State TX
County Tarrant
Direction Use GPS to get to carport, you must enter alley off of Sanford right past the apartment sign of OAKBROOK COURT.
Interior
Interior Features Cable TV Available, High Speed Internet Available, Walk-In Closet(s)
Heating Central, Fireplace(s)
Cooling Central Air
Flooring Luxury Vinyl Plank
Fireplaces Number 2
Fireplaces Type Brick, Wood Burning
Appliance Dishwasher, Electric Range
Heat Source Central, Fireplace(s)
Exterior
Carport Spaces 4
Fence Privacy, Wood
Utilities Available Alley, Cable Available, City Sewer, City Water, Curbs, Individual Water Meter
Roof Type Composition
Parking Type Alley Access, Covered, Detached Carport, Shared Driveway
Total Parking Spaces 4
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Siding
Schools
Elementary Schools Pope
High Schools Lamar
School District Arlington Isd
Others
Ownership Jacqueline Wilson, Independent Executor of Estate
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Stephen Gordon • Front Real Estate Co
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