3438 Mcfarlin Boulevard University Park, Texas 75205

List Price

$1,600,000

Bedrooms

12

Bathrooms

12 full

Year Built

1960

Lot Size

9,016.92 sq ft / 0.2070 Acres
Less Than .5 Acre (not Zero)
60 x 150

Property Type

Residential Income, Multi-Family, MUL-Multiple Single Units

Gross Income

$74,300

Gross Expenses

$45,634

Number of Units

6

MLS ID

20153386

Schools

Highland Park ISD
University
Mcculloch
Highland Park
Highland Park


Listing Description

MULTIPLE OFFERS RECEIVED. SELLER IS REQUESTING BEST AND FINAL OFFERS ON OR BEFORE THURSDAY, SEPT. 8TH, 2022 AT 5:00 PM. Rare find: 6 unit apartment building, Fully Occupied, zoned MF-2 on a 60 x 150 lot in the heart of University Park. Each unit has 2 bedrooms and 2 bathrooms. This is an exceptional opportunity to hold as an investment or build. Property is within walking distance to SMU, HPISD’s MIS, and HPMS as well as many shops and restaurants. Electricity is separately metered but Landlord pays for water, gas, and electricity for outside building (not individual units). Please see Transaction Desk for Financials, Survey, Property Condition Report and Rent Roll.

DO NOT DISTURB TENANTS or walk the property!

Buyer will need to purchase a new survey and pay for a title policy.

Location

How Can we Help?

Want to know how much your home is worth? Not sure if you should sell? Looking for the perfect spot? We can help. Contact Us