Arlington, TX 76014,516 Rita Lane

$575,000

Est. payment /mo
Est.Price: ?

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516 Rita Lane Arlington, TX 76014

8 Beds

6 Baths

4,244 SqFt

SOLD DATE : 11/15/2021

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,244 sqft

Price per Sqft $135

Subdivision Park Side Place

MLS Listing ID 14649375

Sold Date 11/15/21

Bedrooms 8

Full Baths 4

Half Baths 4

HOA Y/N None

Total Fin. Sqft 4244

Year Built 1985

Annual Tax Amount $9,094

Lot Size 0.286 Acres

Acres 0.286

Property Description

WOW! Fantastic cash-flowing fourplex in terrific Arlington location. RIGHT NEXT TO MEDICAL CITY. Short walk to Vandergriff Park. Units A, B, and C have all been remodeled in the past 12 months, leased at $1,150 per month, and have awesome well-qualified tenants. Unit D is leased at $910 per month with long-term tenant on month to month lease. Roof replaced in summer of 2020. Recent siding repairs and brick work. All the work has already been done! Don't miss your chance to own this low-maintenance money-maker! Survey, T 47, Seller's Disclosure, and Rent Roll are all in Transaction Desk.

Location

State TX

County Tarrant

Direction Exit Matlock from 20 and head North on Matlock. Take a right on Rita Ln. Property will be on your right.

Interior

Interior Features Central Vacuum, Decorative Lighting, High Speed Internet Available, Wet Bar

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Ceramic Tile, Laminate, Luxury Vinyl Plank

Fireplaces Number 4

Fireplaces Type Brick, Wood Burning

Appliance Dishwasher, Disposal, Electric Range, Refrigerator

Heat Source Central, Electric

Exterior

Exterior Feature Rain Gutters

Fence None

Utilities Available Alley, City Sewer, City Water, Concrete, Curbs, Individual Water Meter, Sidewalk

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, No Backyard Grass, Park View

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Wood

Schools

Elementary Schools Burgin

Middle Schools Workman

High Schools Bowie

School District Arlington Isd

Others

Ownership LANDALIUM LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Nathan Frickle • Way Home Realty
Bought with Jimmy Lam • Kimberly Adams Realty

Marlene Treviño

Global Luxury Real Estate Advisor | License ID: 0696610

+1(817) 233-3232

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