Arlington, TX 76013 503 W Norwood
$375,000
10 more
Presented By: Oana Marmalichi with Corey Simpson & Associates;
Beds • 6
Baths • 4
Home Details
FULL DUPLEX FOR SALE – 503 & 505
Incredible investment opportunity just minutes from UT Arlington, AT&T Stadium, Globe Life Field, and major highways (I-20 & I-30). This property is ideally located for strong rental demand and consistent cash flow.
Each side of the duplex offers 3 bedrooms and 2 bathrooms, with long-term tenants currently on month-to-month leases.
Unit 503: $1,700 per month (new HVAC in 2019 with 10-year warranty)
Unit 505: $1,500 per month
That's $3,200 per month gross rent with upside potential.
Perfect for investors or house-hackers looking to live in one side and rent the other.
Additional features include:
Roof replaced in 2016
Fenced backyard for both units
2 carports, one for each side
Listing agent is apart of LLC that owns the property. Do not disturb tenants. Not available for showings until we have an executed offer
Presented By: Oana Marmalichi with Corey Simpson & Associates;
Interior Features for 503 W Norwood
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths4
Other Interior Features
Fireplace FeaturesOther
Unit Count2
Fireplaces Total2
Lock Box TypeNone
FlooringCarpet, Laminate
Interior FeaturesHigh Speed Internet Available
Total Units2
General for 503 W Norwood
# of Buildings1
AppliancesDishwasher, Electric Oven, Electric Range
Capitalization Rate9.24
CityArlington
Complex Namenone
Construction MaterialsBrick
CoolingCentral Air
CountyTarrant
DirectionsContinue on US-75 S. Take I-30 W to N Fielder Rd in Arlington. Take exit 26 from I-30 W
Follow N Fielder Rd and W Abram St to W Norwood Cir
Elementary SchoolDitto
Elementary School NameDitto
Full Baths4
Gross Annual Expenses3733.00
HOA TypeNone
HeatingCentral
High SchoolArlington
Insurance Expense1978
Junior High SchoolBailey
LevelsTwo
Operating Expense IncludesInsurance, Maintenance Grounds, Water/Sewer
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictArlington ISD
Standard StatusActive
StatusActive
Subdivision NameNorwood Square
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideSubdivided
Year Built2000
Year Built DetailsPreowned
Exterior for 503 W Norwood
Building Area Total2108.00
Foundation Slab
Lot Size Acres0.1483
Lot Size Area6460.0000
Lot Size Square Feet6460.0000
Lot Size UnitsSquare Feet
Number Of Parking Spaces2
Parking FeaturesCarport
Additional Details
Price History
Schools
Elementary School
Ditto Elementary School
Middle School
N/A
Kevin P. Scanlan
Broker