Description
This 4,284 square-foot, fully leased four-plex presents an excellent investment opportunity with an estimated 6.50% cap rate, based on month-to-month leases with normalized rents. the property has been extensively renovated, including updates to the electrical system (four meters), plumbing (one water meter), roof, foundation, and central hvac. interior improvements feature new cabinetry, millwork, flooring, and windows. additionally, the property includes a tiny home at the rear, which can serve as an office, and a three-car garage for tenants.
strategically located just off interstate 30, the property is situated in a densely residential area near baylor scott & white hospital and various retail establishments. please note that showings will be permitted only after the property is under contract. the landlord conducts monthly inspections to ensure proper maintenance of each unit.
Property Type
Residential IncomeSubdivision
Peaks SubCounty
DallasStyle
Residential IncomeAD ID
48903236
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Other
Appliances
- Other
Utilities
- City Sewer,City Water,Electricity Available,Electricity Connected
Cooling Features
- Central Air
Heating Source
- Central
-
Exterior Features
Building Information
- Built Year: 1924
- Building Area Total: 4,284
- Construction: Brick
- Roof Type: Other
Foundation
- Pillar/Post/Pier
Construction Materials
- Brick
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 0.2300
- Lot Size Units: Acres
- Lot Size Square Feet: 10018.8000
- Lot Size Source: Public Records
Property Information
- Property Type: Residential Income
- Property Sub Type: Quadruplex
- Subdivision: Peaks Sub
- City: Dallas
- State: Texas
- Directions: Follow I-30 W to W R L Thornton Ac Rd N in Dallas. Take exit 48A from I-30 W Take S Carroll Ave to Junius St
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $999,000
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
Tax Information
- Parcel Number: 00000125065000000
- Tax Block: 3/791
- Tax Legal Description: PEAKS SUBURBAN BLK 3/791 LOT 22 50X200 JUNIUS
- Tax Lot: 22
- Unexempt Taxes: $13,738
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Has Garage
- Garage Space: 3
- Parking: 4
- Parking Features: Driveway,Garage,On Site
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Zaragoza
- Middle School: Long
- High School: North Dallas
- School District: Dallas ISD
Utility Information
- Utilities: City Sewer,City Water,Electricity Available,Electricity Connected
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BuyOwner last updated this listing 04/04/2025 @ 18:12
- MLS: 450503600
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 3 parking. are nearby neighborhoods.