3841 Ledgestone Ln, Midlothian, TX 76065

Beds
5
Baths
5
Sqft
3,842
Garage
Yes

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Listed byRE/MAX FRONTIER
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Overview

HUGE PRICE REDUCTION!!! ATTENTION INVESTORS!! Looking to add to your portfolio? I've got an incredible opportunity for you. This well-maintained 4-plex offers a total of 3,842 sq. ft., built in 2007, and sits on 1.4 acres in a peaceful, highly desirable location. With four fantastic tenants already in place, this is a true turnkey opportunity. Each unit is slightly different in layout and design, with walls and ceilings constructed of Structural Insulated Panels (SIPs) — providing superior energy efficiency to save on electric bills and excellent sound resistance for quiet, comfortable living.
The property features ample parking, a shed, and a 24x48 shop. The majority of the shop has recently been converted to a 5th unit featuring 1 bedroom 1 bathroom, kitchenette, and living room. Part of the shop is being used for an office with it's own separate entrance. Great for a business office There is 100 amp 220 Volt for electric. The 5th unit are not calculated into the rental income already being brought in, so this lease amount would be in ADDITION to the $67,800 per year that is already being brought in. The driveway owned by the neighbor and there is an easement
With its prime Midlothian location, peaceful surroundings, and STRONG rental history, this is the investment you’ve been waiting for!

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Number of bedrooms
5
Number of bathrooms
5
Square feet
3,842
Lot size (acres)
1.44
Year built
2007

Garage and parking

Garage parking spaces
3

Utilities

Heating
Other, Electric
Cooling
Window Units, Other, Multi-split AC, Electric, Ceiling Fans

Estimated monthly costs

Insurance
$369

Public schools

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Sourced from: North Texas Real Estate Information Systems (NTREIS) MLS®#: 21074365 Last checked:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.