Rare opportunity to purchase this 12 unit, multifamily income producing property taken down to the studs in 2017 w solid rents and excellent value add potential in the heart of East Dallas. Common area and exterior improvements include new concrete parking lot, perimeter fencing, electric parking gate, windows and landscaping. 6 units have been completely renovated, while prospective buyers have an opportunity to pull rental amounts even higher on remaining units by adding granite countertops, tile backsplashes, and stainless steel appliances. Washers and Dryers are available for tenant use on both the 1st and 2nd floors. Extra storage available on 3rd floor for each unit. Located in one of Dallas’ most desired neighborhoods for investors, East Dallas offers residents the livability of an established neighborhood while only a short drive to Dallas’ most popular destinations, all less than 2 miles away, including Uptown, Deep Ellum, Knox Henderson, Lower Greenville and Downtown Dallas.
Property Type :
Residential Income
Subdivision :
College Hill
County :
Dallas
Style :
Residential Income
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ByOwner last updated this listing 05/01/2024 @ 14:17
MLS: 435644807
LISTED BY: Jp Findley, Rogers Healy and Associates
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
