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1422 Deborah Avenue
Desoto, TX 75115

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Property Details


List Price: $779,000
Beds: 10
Baths: 8
Status: Active
SqFt: --
Agency: JoGip Property Company

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Description/Comments


Lot Size: --
Property Type: MultiFamily
Year Built: 1971
Notes: This portfolio of four units has been under the ownership of Revenue Investment, LLC and has been professionally managed by JoGip Property Management since 2014. Comprising one duplex, one single-family home, and a half-duplex. Conveniently located within 15 minutes of each other in southern Dallas County and less than 25 minutes from downtown Dallas, all properties are situated in high-demand rental submarkets.<br /> Currently, all units are occupied by long-term tenants, with the lengthiest tenancy extending beyond 10 years. The gross annual revenue stands impressively at over $68,000, and the fair market rent value surpasses $77,000 annually. This presents an excellent investment opportunity given the consistent revenue, strong tenant history, and the desirable location of these properties.<br /> 1422 Deborah Ave Desoto, Texas 75115<br /> 1424 Deborah Ave Desoto, Texas 75115<br /> 9307 Sugarberry Rd. Dallas, Texas 75249<br /> 209 Rosewood Lane Cedar Hill, Texas 75104
MlsNumber: 20565140


Listing Provided By: JoGip Property Company, original listing
Name: JoGip Property Company
Phone: (972) 293-5575
Office Name: JoGip Property Management
Office Phone: (972) 293-5575
Agent Name: Antonio Gipson
Disclaimer: Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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