Next Level Realty

435 W 9th Street

Dallas, TX 75208

MLS#: 21137128

$2,750,000

Status: Active
Listing number: 21137128
Listing provided by: Compass RE Texas, LLC
Listing agent phone: None
Last update: N/A
On site: 5 months ago
Browse Properties
Dallas Land & Loan 02 - Residential Income

Property

Beds

18

Full Baths

16

1/2 Baths

None

Year Built

1925

Sq.Footage

3,040

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 upon request.

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Walk-In Closet(s), High Speed Internet

  • Total Bedrooms

    18

  • Bathrooms

    16

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Other

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Vinyl Siding

  • Parking

    Common, No Garage, On Street, Parking Lot, Parking Pad, Paved

  • Patio and Porch Features

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.121

  • Lot Size(square feet)

    5270.76

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $2,750,000

  • Tax Amount

    $15,749

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    Yes

  • Association Fee

    $200

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Reagan

  • Middle School

    Garcia

  • High School

    Adamson

Property Features

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

  • Tax Lot

    2

  • Water Source

    Public

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Location

County

Dallas

Elementary School

Reagan

Middle School

Garcia

High School

Adamson

Listing Courtesy of Rachael Gray Smith , Compass RE Texas, LLC

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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


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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 upon request.

435 W 9th Street

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