3620 Rickshaw Dr, Dallas, TX 75229
- $1,200,000
- 10
- BD
- 12
- BA
- 6,594
- SqFt
- List Price
- $1,200,000
- MLS#
- 20982660
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1969
- Construction Status
- Preowned
- Bedrooms
- 10
- Full Baths
- 8
- Half Baths
- 4
- Acres
- 0.23
- Living Area
- 6,594
- County
- Dallas
- City
- Dallas
- Subdivision
- Walnut Gardens
- Building Name
- Walnut Gardens
Property Description
This beautifully maintained and upgraded 4-plex (townhouse style) is a true gem for any investor seeking strong income potential in a highly desirable location. Nestled in the serene community of Walnut Gardens, this property offers a rare combination of tranquility and convenience. Just steps from a greenbelt and park, and only minutes to vibrant Downtown Dallas, schools, and endless shopping and dining options. One of the standout features of this property is the very attractive assumable loan of only $630,000 at an incredible 2.75% interest rate, offering substantial savings and instant equity for savvy buyers. The property is already income-producing with one upgraded unit currently renting at $2,300 month, and recent sales indicate the potential to reach up to $2,600 a month with further upgrades. With three units still left to update, there’s significant upside in both rent and overall property value. Whether you're expanding your portfolio or seeking a low-maintenance income producer, this property stands out with its great location, long-term value, and unbeatable location.
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Additional Information
- Unexempt Taxes
- $16,367
- Lot Size
- 10,018
- Acres
- 0.23
- Interior Features
- Other
- Flooring
- Carpet, Combination, Vinyl
- Foundation
- Slab
- Roof
- Shingle
- Stories
- 2
- Pool Features
- None
- Garage Spaces
- 8
- Parking Garage
- Additional Parking
- School District
- Dallas Isd
- Elementary School
- Degolyer
- Middle School
- Marsh
- High School
- White
- Possession
- CloseOfEscrow
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Assal Aldrei from United Real Estate. Contact: 214-235-9535