$2,299,000
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12 Beds
12 Baths
8,452 SqFt
SOLD DATE : 10/22/2024
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,452 sqft
Price per Sqft $272
Subdivision College Hill
MLS Listing ID 20525547
Sold Date 10/22/24
Bedrooms 12
Full Baths 12
HOA Y/N None
Total Fin. Sqft 8452
Year Built 1941
Annual Tax Amount $29,029
Lot Size 0.304 Acres
Acres 0.304
Property Description
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.
Location
State TX
County Dallas
Community Curbs, Gated, Laundry, Perimeter Fencing, Sidewalks
Direction Use Apple Maps.
Interior
Interior Features Cable TV Available, Decorative Lighting, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Multiple Staircases, Open Floorplan, Pantry, Walk-In Closet(s)
Heating Central
Cooling Electric
Flooring Luxury Vinyl Plank
Fireplaces Type None
Appliance Disposal, Electric Cooktop, Electric Oven, Electric Range
Heat Source Central
Exterior
Exterior Feature Lighting
Fence Fenced, Full, Gate, High Fence, Perimeter, Security, Wrought Iron
Community Features Curbs, Gated, Laundry, Perimeter Fencing, Sidewalks
Utilities Available Cable Available, City Sewer, City Water, Community Mailbox, Concrete, Curbs, Electricity Connected
Roof Type Composition
Garage No
Building
Lot Description Corner Lot
Story Three Or More
Foundation Slab
Level or Stories Three Or More
Structure Type Brick
Schools
Elementary Schools Kennedy
Middle Schools Long
High Schools Woodrow Wilson
School District Dallas Isd
Others
Ownership See Agent
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Jp Findley • Rogers Healy and Associates
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Broker Associate | License ID: 655521