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Linn Contreras

move2dfw@gmail.com +1(817) 673-0006

$ 1,190,000

Est. payment | -/mo

4 Beds

4 Baths

4,200 SqFt

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$ 1,190,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

4,200 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $283

Subdivision Ac Ardreys

MLS Listing ID 21305069

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1933

Annual Tax Amount $18,026

Lot Size 0.284 Acres

Acres 0.284

Property Sub-Type Quadruplex

Property Description

Located in the A.C. Ardreys area of Dallas Texas in Dallas County, this fully leased fourplex investment property offers approximately 4,200 square feet across four 1 bedroom, 1 bathroom units near Downtown Dallas, Deep Ellum, Baylor University Medical Center & US-75. The location provides convenient access to major employment centers, public transportation, dining, entertainment & urban amenities throughout central Dallas. Investors seeking multifamily properties in Dallas Texas with immediate cash flow may appreciate the property's 100% occupancy, established rental history & value-add potential through future rent adjustments. Each unit offers approximately 950 square feet, providing larger-than-average floor plans for the area that support tenant demand & retention. Extensive improvements include foundation stabilization with approximately 30 piers installed, beam replacement, renovated kitchens & updated bathrooms throughout all units. Interior features include granite countertops, natural woodwork, open floor plans, walk-in closets, gas ranges, gas ovens, dishwashers, disposals & microwaves. Additional improvements include a renovated & landscaped backyard that creates an inviting shared outdoor space for residents. Property financials include approximately $83,100 gross annual income, $73,100 net income & a reported 6.14% cap rate. The property is served by Zaragoza Elementary, Spence Middle School & North Dallas High School within Dallas ISD. This property offers a strong combination of immediate income, updated systems & positioning within the Dallas Texas multifamily investment market.

Location

State TX

County Dallas

Community Curbs, Sidewalks

Direction Swiss Avenue area of Dallas TX near Downtown Dallas, Deep Ellum, Baylor Medical District & US-75 with access to employment, dining & entertainment. From US-75, exit Lemmon Ave & head east. Continue onto Haskell Ave, then turn left on Swiss Ave. Property on right.

Interior

Interior Features Eat-in Kitchen, Granite Counters, Open Floorplan, Cable TV, Natural Woodwork, Walk-In Closet(s), Wired for Sound

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Tile, Wood

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Yes

Appliance Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave

Exterior

Parking Features Parking Lot

Pool None

Community Features Curbs, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Underground Utilities, Water Available, Cable Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 6

Garage No

Private Pool No

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Zaragoza

Middle Schools Spence

High Schools North Dallas

School District Dallas Isd

Others

Senior Community No

Tax ID 00000124201000000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21305069

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(817) 673-0006

move2dfw@gmail.com

950 E. STATE HWY 114, SUITE 160 (#16982679), SOUTHLAKE, Texas, 76092, USA

4512 Swiss AVE Dallas, TX 75204

Linn Contreras

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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4512 Swiss AVE