Condo association is looking to de-convert into a profitable 7 unit multi-family with 3 parking spots. On the border of Old Irving and Avondale this building consists of seven 2 bedroom 1 bath condos with updated kitchen and baths plus washer/dryer in unit. Offers are subject to 75% owner approval. Tremendous rent potential. Aprox 50% of building already rented. No deferred maintenance. Building is very healthy. With rents between $1350(for northside) and $1450 (southside) units plus parking. Our pro-forma safely puts this property at grossing $120,000 a year.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
