3841 Ledgestone Ln, Midlothian, TX 76065
- $675,000
- 5
- BD
- 5
- BA
- 3,842
- SqFt
- List Price
- $675,000
- Price Change
- ▼ $124,999 1781389859
- MLS#
- 21074365
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 2007
- Construction Status
- Preowned
- Bedrooms
- 5
- Full Baths
- 5
- Acres
- 1.44
- Living Area
- 3,842
- County
- Ellis
- City
- Midlothian
- Subdivision
- Duvall Place Add Rev
- Building Name
- N/A
Property Description
HUGE PRICE REDUCTION!!! ATTENTION INVESTORS!! Looking to add to your portfolio? I've got an incredible opportunity for you. This well-maintained 4-plex offers a total of 3,842 sq. ft., built in 2007, and sits on 1.4 acres in a peaceful, highly desirable location. With four fantastic tenants already in place, this is a true turnkey opportunity. Each unit is slightly different in layout and design, with walls and ceilings constructed of Structural Insulated Panels (SIPs) — providing superior energy efficiency to save on electric bills and excellent sound resistance for quiet, comfortable living. The property features ample parking, a shed, and a 24x48 shop. The majority of the shop has recently been converted to a 5th unit featuring 1 bedroom 1 bathroom, kitchenette, and living room. Part of the shop is being used for an office with it's own separate entrance. Great for a business office There is 100 amp 220 Volt for electric. The 5th unit are not calculated into the rental income already being brought in, so this lease amount would be in ADDITION to the $67,800 per year that is already being brought in. The driveway owned by the neighbor and there is an easement With its prime Midlothian location, peaceful surroundings, and STRONG rental history, this is the investment you’ve been waiting for!
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Additional Information
- Unexempt Taxes
- $14,318
- Lot Size
- 62,813
- Acres
- 1.44
- Interior Features
- Decorative Designer Lighting Fixtures, Eat-In Kitchen, High Speed Internet, Cable TV
- Flooring
- Carpet, Laminate, Vinyl
- Foundation
- Slab
- Roof
- Metal
- Stories
- 1
- Pool Features
- None
- Exterior
- Storage
- Garage Spaces
- 3
- Parking Garage
- Additional Parking, Driveway, Gravel, None, Oversized
- School District
- Midlothian Isd
- Elementary School
- Larue Miller
- Middle School
- Dieterich
- High School
- Midlothian
- Possession
- Negotiable
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Listing courtesy of Jada Greenwood from RE/MAX Frontier. Contact: 612-597-6102