BEDS18
BATHS16 full
MLS#21137128
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDallas Land & Loan 02
SCHOOLDallas ISD
Property Description
16-unit condominium portfolio, one block from Bishop Arts. 15 of 16 units leased on 12–24 month terms with zero month-to-month exposure. $244,800 gross scheduled income at full stabilization. 6.9% cap rate at asking price of $2,750,000.Individually metered utilities. Tankless water heaters throughout. Full renovation complete with no deferred maintenance, and no capital requirements at closing. OM available upon request.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Other
Heating: Other
Lot Size: 0.12 Acres
Roof Type: Composition, Shingle
Year Built: 1925
Amenities
Eat-in Kitchen
Granite Counters
High Speed Internet Available
Kitchen Island
Multiple Staircases
Open Floorplan
Walk-In Closet(s)
Feature Descriptions
Appliances: Dishwasher, Electric Oven, Refrigerator
Days on Site: 174
Exterior: Brick, Vinyl Siding
Flooring: Laminate
Green Features: Waterheater
HOA Fee: 200/ Monthly
Lot: Corner Lot
Parcel#: 00000255319000000
Parking: Common, No Garage, On Street, Parking Lot, Parking Pad, Paved
Parking Notes: Common, No Garage, On Street, Parking Lot, Parking Pad
Patio/Porch: None
Units: 16
Utilities: City Sewer, City Water, Individual Gas Meter, Individual Water Meter
Local Schools
Elementary School: Reagan
School District: Dallas ISD
Listed By / Shown By
Listed By
Agency Name: Compass RE Texas, LLC
Agency Contact: 432-413-6370
Agent Name: Rachael Gray Smith
Shown By
Agent Name: Melissa Youmans
Agent Phone: (254) 717-4080
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 6,922.39 per month $6,120.31 Principal & Interest $0.00 Property Tax (data not provided by mls) $802.08 Homeowner's Insurance
435 W 9th Street | MLS# 21137128
This multi-family property located at 435 W 9th Street, Dallas, TX 75208 is currently listed for sale with an asking price of $2,750,000. W 9th Street is located within the Dallas ISD school district. Search Dallas real estate on melissayoumans.kellyrealtors.com today.