$3,500,000
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8,611 Sqft Lot
SOLD DATE : 09/18/2023
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision University Place
MLS Listing ID 20384559
Sold Date 09/18/23
HOA Y/N None
Total Fin. Sqft 11960
Year Built 2006
Lot Size 8,611 Sqft
Acres 0.1977
Property Description
Located 2 blocks from the affluent neighborhood of Highland Park this 6 unit complex is centrally located and sits right in the Turtle Creek-North Oaklawn neighborhood.
Built in 2006 this podium construction building has 6x two-car garages on the first floor with an elevator taking you directly to your floor. The building has secured access for residents to gain entry. Each unit is an oversized 3 bedrooms and 3 full bathrooms with over the top kitchens with wine fridges, separate laundry room, and fireplace in each living room.
For utilities, the building has individual electric and gas meters, water is on master meter.
New owner can either do cosmetic work to increase rents dramatically or can increase rents naturally when renewals come around.
Location
State TX
County Dallas
Direction From Oak lawn go east on Prescott, building will be on left hand side.
Interior
Interior Features Built-in Wine Cooler, Cable TV Available, Double Vanity, Dry Bar, Granite Counters, High Speed Internet Available, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Fireplace(s)
Cooling Ceiling Fan(s), Central Air
Flooring Hardwood
Fireplaces Number 6
Fireplaces Type Family Room
Appliance Dishwasher, Disposal, Dryer, Gas Range, Ice Maker, Microwave, Refrigerator, Washer, Other
Heat Source Central, Fireplace(s)
Exterior
Garage Spaces 12.0
Utilities Available Cable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter, Master Water Meter
Roof Type Tile
Total Parking Spaces 12
Garage Yes
Building
Story Three Or More
Foundation Slab
Level or Stories Three Or More
Structure Type Frame
Schools
Elementary Schools Milam
Middle Schools Spence
High Schools North Dallas
School District Dallas Isd
Others
Ownership Tax Records
Financing Cash
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Bought with Gianna Cerullo • Compass RE Texas, LLC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "