Under contract
Active Under Contract
2723 Parkchester Drive
Arlington TX, 76015
$400,000
$197.53 per sqft
Under contract
Active Under Contract
4 Beds
4 Baths
2,025 sqft
Multi-family
Built in 1979
Excellent Investment Opportunity with this Full Duplex!! Short Elementary is a 1 block walk, making it easy to avoid long drop off lines. Gunn Jr High is just under 1 mile away as well. Property sits 1 block from California Ln Park. The park features a pond for fishing, covered gazebo for gatherings or grilling, full-size soccer field, walking track around the field, basketball court, playgrounds & an awesome, free to use splash pad for cooling off in the summer! 2723 Parkchester Side- Lease began 7-10-2021. Lease Expired August 31st 2024 and is now month to month. Rent $1540 per month and total 2024 rents collected $18,670 or $1556 per month. Renewal offer of $1600 per month can be offered at any time. 2725 Parkchester Side- Lease began April-1-2020. It will be month to month starting March 31st. Rental rate is $1510 with an annual gross of $18,120 annually. The tenant has requested to extend another 12 or even 24 months. Renewal rate would be to $1600 per month. A possibility to increase revenue arises very quickly with little to no owner costs associated. Possibility of $3200 per month if both renew for a total gross of $38,400 annual revenue. Owner has taken excellent care of this property over the many years they have owned it. Contact agent for full list of information from the seller.
20835849
MLSⓇ ID
February 13, 2025
Updated
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
2
Half Bathrooms
2
Interior Features
Double Vanity, Granite Counters, High Speed Internet, Pantry, Cable TV
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Floor Description
Ceramic Tile, Laminate
Fireplace
Yes
Fireplace Description
Decorative, Living Room, Wood Burning
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s), Electric
Heating
Yes
Heating Description
Central, Electric, Fireplace(s)
Exterior/Building Features
Lot Size
0.18 Acres
Exterior Features
Dog Run, Lighting, Private Yard, Rain Gutters, Storage
Lot Features
Cleared, Interior Lot, Landscaped, Level, Subdivision
Roof
Composition
Sewer
Public Sewer
Patio And Porch
Rear Porch, Patio, Covered
Security
Security System, Smoke Detector(s), Security Lights
Window
Window Coverings
School Information
School District
Arlington ISD
High School
Arlington
Elementary School
Short
Other Property Details
Taxes
$6,159
Tax Frequency
Annually
Days on Market
5
Garage
No
Parking
Common, Concrete, Covered, Carport, Detached Carport, Direct Access, Driveway, Guest, Lighted, No Garage, On Site, Outside, Shared Driveway, On Street, Side By Side
Parking Total
4
View
No
County
Tarrant
Water Source
Public
Pool
No
Pool Features
None
Utilities
Electricity Available, Electricity Connected, Phone Available, Sewer Available, Separate Meters, Water Available, Cable Available
Listing History
Date | Event | Price |
---|---|---|
2/9/2025 | Under contract | — |
Listed by Tony Snodgrass with HomeSmart
Listing Contact: 972-401-1400
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Data last updated on 2/13/2025 at 12:13 AM UTC