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2301 Basil, Arlington, TX 76006

7 Bed, 7 Bath Multi-Family Home For Sale

2301 Basil, Arlington, TX 76006 House For Sale - MLS #13735158
Sold
$373,000
7
7
Multi-Family
5+ Family
5
This listing is courtesy of Wayne Burgdorf from Burgdorf Realty Group.

Property Description for 2301 Basil, Arlington, TX 76006

This is a 5-unit SFR condo package, with 4 units in Arlington Oaks and 1 unit in The Cloisters. All units are leased on fairly fresh leases expiring in late 2018, and most tenants have been in there for years. Both complexes are very stable with single condo sales doing very well and reasonable HOA dues. Price was reduced when a 6th unit pulled out. This is a good opportunity to start or enlarge a rental portfolio. You check it out, but there appears to be upside in the rents when they renew. Buyer to verify schools and financials to their content.

Interior Details

Central AC (Electric); Central Heat-Elec

Exterior Details

1.00 acres
43,560 sq. ft.
2
Assigned Spaces; Unassigned Spaces
5
Slab

Other Details

13735158
1981
Yes
$46,740
City Sewer; City Water
Arl Oaks & Cloisters
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Town Description

ARLINGTON, TEXAS. Arlington is halfway between Dallas and Fort Worth in eastern Tarrant County. It was founded in 1876 on the Texas and Pacific Railway as a market town for the surrounding farms. From...

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