305 RITA DRIVE, GARLAND, TX 75042
Homes for sale in Garland.
Homes for sale in 75042.
305 Rita Drive
Garland, TX 75042
List Price$355,000
Listing #20601895
5
Bedrooms
3 full, 1 partial
Bathrooms
2,181
Square Feet
2
Number of Units
Multi-Unit Residential
Type
About This Property
In this charming rare full DUPLEX, in Garland,TX just 25 minutes NE of Dallas Metro area. Currently at a 9.4% gross cap rate,6.6% net cap rate with room to grow! 100% occupied and value add! Your tenants will have the option of choosing between two beautiful units. Unit 307 boasts a cozy 950 sq ft 2-bedroom, 1.5-bathroom layout, perfect for those seeking a comfortable and inviting space to call home. Meanwhile, Unit 305 offers a spacious 1231 sq ft. 3-bedroom, 2-bathroom floor plan, ideal for those in need of a bit more room to stretch out and relax. Both units are thoughtfully designed to provide your tenants with a peaceful and stylish living environment or possibly for first time home buyers or investors, live in one side lease the other in year two. This is a great opportunity to add this income producing property to your real estate portfolio. These rarely come on market for sale so don't miss out on this great value!
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