Price Reduction - Seller Financing - Lease to Own
Address
1802 Jay Circle Arlington, TX
Price
$ 1,200,000
Property Attributes
  • MLS#14724593
  • TypeMulti-Family
  • CountyTARRANT
  • CityArlington
  • NeighborhoodElliott Heights Add
  • Zip76012
  • StyleMUL-Multiple Single Units
  • Year Built1970
  • Taxes$ 5762
  • Price$ 1,200,000
  • Bedrooms14
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5946
  • Lot Size0.395 Acres
Listing Provided Courtesy Of:
Zachary Sadeghian with Fathom Realty LLC
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Whether an Investor wanting to add to an existing portfolio to generate a high return on Investment and make passive income or a Developer looking to restructure the integrity of the property. Whatever the case may be, this Apartment complex can make dreams into reality. Eight Unit complex with two beds and one bath in each unit introduces a profitable gain from the sheer number of available units. Imagine the income stream from this asset as rents are being generated from the current rate. Owner offers Lease to Purchase

Elementary School Middle School High School
Wimbish Elementary School Shackelfor Middle School Lamar High School
Price History
12/13/2021 Listed $1,500,000
1/15/2022 34% - $999,000

General Features

# of Buildings 1
Complex Name Jay Circle Complex
Construction Materials Brick, Other, Wood
Elementary School Wimbish
Flooring Carpet, Other, Wood
HOA Type None
Heating Central Air-Elec, Central Air-Gas, Central Heat-Elec, Central Heat-Gas
High School Lamar
Interior Features Other, Wet Bar
Junior High School Shackelfor
Lot Number 5C
Other Equipment None, Other
Property Type Multi-Family
Proposed Financing Cash, Contact Agent, Conventional, FHA-203K, Lease Purchase, Other, Owner Carry First, Texas Vet, VA
School District Arlington ISD
Stories 1
Subdivision Elliott Heights Add
Tenancy 6 Months or Less, 9 Months or Less, Government Subsidized, Other, Written Application Only
Type MUL-Multiple Single Units
Utilities City Sewer, City Water
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14724593
Year Built 1970
Year Built Details Preowned

Interior Features

# of Units 7
Sqft Building 5946
Total Bedrooms 14
Unit Count 1

Exterior Features

Exterior Other
Fencing Other, Wood
Foundation Other, Slab
Lake Name Arlington
Lot Description Acreage, Some Trees
Lot Size Area 0.395
Lot Size Area 0.395
Lot Size Area (acres) 0.395
Lot Size Area (sq Ft) 17206
Lot Size Units Acres
Number Of Parking Spaces 10
Parking Features Covered, Front, On Street, Open, Other, Other Parking/Garage

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 76012

Price
AVG $610K
$1.2M
Taxes
AVG $5,607
$5,762
Visits
AVG 147
335
Year Built
AVG 1968
1970
Walkscore
AVG 36
34
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.