14,750 SqFt
14,750 SqFt
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 14,750 sqft
Price per Sqft $189
Subdivision Old East Dallas
MLS Listing ID 20963553
HOA Y/N No
Year Built 1972
Lot Size 0.482 Acres
Acres 0.4821
Property Sub-Type Apartment
Property Description
The value lies in renovating the remaining units and getting all units to market. Additionally, there is currently no RUBS program which should be implemented to off set costs of the utilities. Lastly, there are two empty maintenance storage rooms on the 3rd floor that could be converted into
locker storage for additional income.
There is also an attractive Freddie Mac non-recourse loan that a buyer can potentially assume at an interest rate of 4.54, 30-year amortization, and a maturity date of January 2039. Or the property can be purchased free and clear of debt.
Location
State TX
County Dallas
Direction head east on Live Oak. Make a right on Grigsby. Left on Sycamore. Property is on the right hand side.
Interior
Interior Features Multiple Staircases, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Laminate
Fireplace No
Appliance Electric Range, Refrigerator
Exterior
Parking Features Common
Fence Wood
Pool None
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Roof Type Shingle
Total Parking Spaces 29
Building
Lot Description Interior Lot
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
Elementary Schools Chavez
Middle Schools Spence
High Schools North Dallas
School District Dallas Isd
Others
Tax ID 00C70750000A00101
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20963553
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Team Lead, Realtor, MRP | License ID: 715411
+1(512) 635-3347 | jackiehuffbuyselllease@gmail.com