3 Property Portfolio with Strong Rental Income! These are being sold together ONLY.Investor opportunity in Cedar Hill! 161 Hood St is being offered, either as a separate purchase, or together with 163 Hood St and 309 S Main St. Current scheduled rents: $4,800 monthly, $57,600 annually. Staggered lease expirations through 2026–2027. Current gross rent multiplier: approx. 12.7x at list price. Buyer to verify taxes, insurance, expenses, lease terms, condition, and future rent potential. 161 Hood features an occupied single-family rental with in-place lease income and a rear shed area that includes a one-bedroom apartment setup. For the right investor, additional improvements such as plumbing updates, utility separation, split meter work, and any required permits or approvals may create an opportunity to further improve income potential.P&L statements for the last 12 months, seller disclosures, leases, and additional portfolio documents are available in MLS supplements. Buyer and buyer’s agent to verify all details.Rear shed or workshop contains a one-bedroom apartment setup; seller makes no representation regarding permitted status, separate utility capability, habitability, or future rent potential. Buyer to perform all due diligence. Showings to be coordinated with tenant notice and or as agreed by seller.Being sold individually or as a package alongside #21262206 and #21262052
Listed By
Agency Name: VIP Realty
Agency Contact: 214-295-4888
Agent Name: Calvin Lyman
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 629.06 per month $556.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.89 Homeowner's Insurance
161 Hood Street | MLS# 21262178
This single family home located at 161 Hood Street, Cedar Hill, TX 75104 is currently listed for sale with an asking price of $249,900. This property was built in 1960 and has 3 bedrooms and 1 full baths with 1623 sq. ft. Hood Street is located in the Mary H Lovern subdivision within the Cedar Hill ISD school district. Search Mary H Lovern real estate on www.kellyrealtors.com today.