UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Munger Place 02
MLS Listing ID 21238074
HOA Y/N None
Total Fin. Sqft 16154
Year Built 1930
Annual Tax Amount $34,836
Lot Size 1.157 Acres
Acres 1.157
Property Sub-Type Multiple Single Units
Property Description
The portfolio consists of four buildings currently operating as a rooming house with 50 rooms, with an on-site manager in place. Current rents range from $550–$650 per month, providing immediate in-place income with operational upside.
This is a highly flexible investment with multiple exit strategies in a high-demand submarket.
*This is being sold AS-IS
*Properties cannot be torn down, they are contributing to the neighborhood
*Renovation-Redevelopment available that contributes to neighborhood
Location
State TX
County Dallas
Direction Google Maps
Interior
Interior Features Other
Heating Other
Cooling Other
Flooring Other
Appliance Other
Heat Source Other
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Garage No
Building
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Brick,Unknown,Wood
Schools
Elementary Schools Lipscomb
Middle Schools Long
High Schools Woodrow Wilson
School District Dallas Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21238074
