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 in the transaction desk. This is for 435 and 439 W 9th St.
| MLS # | 21318003 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 75 |
| Listing Provided By | Compass RE Texas, LLC | Rachael Gray Smith |
| Bed(s) | 18 |
|---|---|
| Bath(s) | 16 Total |
| Story(s) | 2 |
| Units | 1 |
| Building(s) | 4 |
| Acreage | 0.12 |
| Cooling | Other |
|---|---|
| Heating | Other |
| Interior Features | Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Multiple Staircases, Open Floorplan, Walk-In Closet(s) |
| Appliances | Dishwasher, Electric Oven, Refrigerator |
| Roof | Composition, Shingle |
|---|---|
| Construction Materials | Brick, Vinyl Siding |
| Foundation Details | Slab |
| Lot Features | Corner Lot |
| Garage Yn | 0 |
|---|---|
| Attached Garage Yn | 0 |
| Parking Features | Common, No Garage, On Street, Parking Lot, Parking Pad, Paved |
| Utilities | City Sewer, City Water, Individual Gas Meter, Individual Water Meter |
|---|
| Unexempt Taxes | 15749 |
|---|---|
| Tax Lot | 2 |
| Tax Block | 33315 |
| Tax Legal Description | DALLAS LAND AND LOAN 2 BLK 33/3153 50FT LT 2 |
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75208 |
| Area | Dallas |
| Community Name | Dallas Land & Loan 02 |
| School District | Dallas ISD |
| Elementary School | Reagan |
| High School | Adamson |
| Listing VS Median (in Dallas Land & Loan 02) | |
Price: $2,550,000 low | high Med: $1,618 On site: 75 low | high Med: 26.5 | |
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75208 |
| Area | Dallas |
| Community Name | Dallas Land & Loan 02 |
| School District | Dallas ISD |
| Elementary School | Reagan |
| High School | Adamson |
| Listing VS Median (in Dallas Land & Loan 02) | |
Price: $2,550,000 low | high Med: $1,618 On site: 75 low | high Med: 26.5 | |