Views
Address
308 College Street, Arlington, TX
Price
$ 850,000
Property Attributes
  • MLS#20551544
  • TypeMulti-Family
  • CountyTARRANT
  • CityArlington
  • NeighborhoodLampe George Add
  • Zip76010
  • StyleQuadruplex
  • Year Built1963
  • Taxes$ 11194
  • Price$ 850,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size7,884 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Exciting Investment Opportunity! Situated conveniently across from UTA and downtown Arlington, this property boasts a distinctive feature: a fully renovated second-story concrete patio with stunning views of the campus. With recent upgrades including a newer roof and HVAC systems, this property has been meticulously maintained. Each unit consists of 2 bedrooms and 1 bathroom, currently renting for $1,250 for 2 units, $1,150 for 1 unit and $1,350 for 1 unit. There's potential to increase rental income with strategic rent adjustments. Don't miss out on this promising investment opportunity!

Elementary School
Swift Elementary School
Price History
3/4/2024 Listed $850,000

General Features

Heating Central
Complex Name n/a
Cooling Central Air
Utilities City Sewer,City Water
Possession Subject to Lease
Roof Composition
Appliances Disposal
School District Arlington ISD
Capitalization Rate 4.47
Year Built 1963
Levels Two
Unexempt Taxes 11194
Will Subdivide No
Gross Annual Expenses 15000.00
Property SubType Quadruplex
Subdivision Name Lampe George Add
Insurance Expense 3647
Occupant Type Tenant
County Tarrant
Property Type Residential Income
Construction Materials Brick
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions google map
City Arlington
Buyer Agent Compensation 3
Elementary School Name Swift
High School Arlington
Street Name College
Elementary School Swift
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20551544
Standard Status Active
Junior High School Bailey
Buyer Agent Compensation Type %

Interior Features

Interior Features Other
Flooring Other
Occupancy Rate 100
Total Units 4
Unit Count 4
Full Baths 4
Lock Box Type None
Street Suffix Street
Total Bedrooms 8

Exterior Features

Parking Features Assigned,Attached Carport
Foundation Slab
Lot Size Area 0.1810
Number Of Parking Spaces 4
Lot Size Units Acres
Building Area Total 3648.00
Lot Size Square Feet 7884.3600
Lot Size Acres 0.1810

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 76010

Price
AVG $1.3M
$850K
Taxes
AVG $14,288
$11,194
Visits
AVG 118
93
Data Provided by Inside Real Estate®
Year Built
AVG 1966
1963