This 4,284 square-foot, fully leased four-plex presents an excellent investment opportunity with an estimated 7.3% 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. The landlord conducts monthly inspections to ensure proper maintenance of each unit.
For sale
$949,000
4112 Junius St, Dallas, TX 75246
4beds
4,284sqft
Est.:
Quadruplex, Multi Family, Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$222/sqft
$-- HOA
What's special
Central hvacNew cabinetry
- 273 days |
- 579 |
- 34 |
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