$2,299,000
$2,299,000
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12 Beds
12 Baths
8,452 SqFt
SOLD DATE : 10/22/2024
Key Details
Sold Price $2,299,000
Property Type Apartment
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 No
Year Built 1941
Annual Tax Amount $29,029
Lot Size 0.304 Acres
Acres 0.304
Property Sub-Type Apartment
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 Fenced Yard, Laundry Facilities, Sidewalks, Community Mailbox, Curbs, Gated
Direction Use Apple Maps.
Interior
Interior Features Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Multiple Staircases, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s), Wired for Sound
Heating Central
Cooling Electric
Flooring Luxury Vinyl, Luxury VinylPlank
Fireplaces Type None
Fireplace No
Appliance Electric Cooktop, Electric Oven, Electric Range, Disposal
Exterior
Exterior Feature Lighting
Parking Features Assigned, Electric Gate, Parking Lot
Fence Fenced, Full, Gate, High Fence, Perimeter, Security, Wrought Iron
Pool None
Community Features Fenced Yard, Laundry Facilities, Sidewalks, Community Mailbox, Curbs, Gated
Utilities Available Electricity Connected, Sewer Available, Water Available, Cable Available
Water Access Desc Public
Roof Type Composition
Porch None
Total Parking Spaces 14
Garage No
Building
Lot Description Corner Lot, Native Plants
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
Elementary Schools Kennedy
Middle Schools Long
High Schools Woodrow Wilson
School District Dallas Isd
Others
Senior Community No
Tax ID 00000121831000000
Security Features Security System Owned,Security System,Fire Sprinkler System,Security Gate,Gated Community,Smoke Detector(s),Security Lights
Financing Conventional
Special Listing Condition Standard
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