Arlington, TX 76015 2723 Parkchester Drive

Excellent Investment Opportunity with this Full Duplex!! Short Elementary is a 1 block walk, making it easy to avoid long drop off lines. Gunn Jr High is just under 1 mile away as well. Property sits 1 block from California Ln Park. The park features a pond for fishing, covered gazebo for gatherings or grilling, full-size soccer field, walking track around the field, basketball court, playgrounds & an awesome, free to use splash pad for cooling off in the summer! 2723 Parkchester Side- Lease began 7-10-2021. Lease Expired August 31st 2024 and is now month to month. Rent $1540 per month and total 2024 rents collected $18,670 or $1556 per month. Renewal offer of $1600 per month can be offered at any time. 2725 Parkchester Side- Lease began April-1-2020. It will be month to month starting March 31st. Rental rate is $1510 with an annual gross of $18,120 annually. The tenant has requested to extend another 12 or even 24 months. Renewal rate would be to $1600 per month. A possibility to increase revenue arises very quickly with little to no owner costs associated. Possibility of $3200 per month if both renew for a total gross of $38,400 annual revenue. Owner has taken excellent care of this property over the many years they have owned it. Contact agent for full list of information from the seller.