Property Description

Rare Fully Leased Brick Duplex in Lake Highlands! Cash Flow from Day One!A rare opportunity to acquire a large, single-story brick duplex in one of Lake Highlands' most desirable residential neighborhoods. Fully leased and income-producing, this property offers investors immediate cash flow in the highly regarded Richardson ISD.Each unit offers approximately 1,606 square feet of living space with three bedrooms, two full baths, a brick fireplace, skylights, and an attached two-car garage.Ownership has invested approximately $140,000 in major functional improvements over the past several years, significantly reducing near-term capital expenses for the next owner:New roof with new decking and radiant barrier.Both HVAC systems replaced, including condensers, heat exchangers, and select ductwork.Popcorn ceilings removed and retextured throughout.Carpet removed and replaced with durable laminate flooring.Unit 7113 has been expanded to include a walk-in closet and an enclosed, climate-controlled sunroom, plus a large detached workshop with electricity and Air Conditioning, a standout feature for tenants and a strong value-add.Both units are currently leased. Please do not disturb tenants. No showings until under contract.

Property Features

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