$580,000
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4 Beds
4 Baths
7,492 Sqft Lot
SOLD DATE : 06/17/2024
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Peaks Sub
MLS Listing ID 20618240
Sold Date 06/17/24
Bedrooms 4
Full Baths 4
HOA Y/N None
Total Fin. Sqft 4568
Year Built 1912
Annual Tax Amount $15,767
Lot Size 7,492 Sqft
Acres 0.172
Property Description
One of 5 properties in a portfolio of 31 units in East Dallas, all within a 2-mile radius. At Chateaux on Junius, tenants enjoy easy access to popular restaurants and attractions in Dallas, with close proximity to Lower Greenville, Uptown, Deep Ellum, White Rock Lake, and Downtown Dallas. The offering consists of 4 units with spacious one-bedroom, one bath units averaging at about 1,000 SF. The property has had the same ownership for over 20 Years and offers various value add opportunities including increasing rents through unit upgrades, selling off units as a condominium conversion, or converting to short or mid-term rentals. Property also includes washer and dryer hookups in each unit. See Transaction Desk for the OM with the entire portfolio and provided financial analysis for each property. Can buy all of them together or separately. Reach out to agent for showings and financials.
Location
State TX
County Dallas
Direction From Fitzhugh, turn right onto Junius and property will be to your left.
Interior
Interior Features Cable TV Available, Decorative Lighting, High Speed Internet Available
Heating Central, Electric
Cooling Central Air, Electric
Flooring Wood
Appliance Dishwasher, Disposal, Gas Range
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Brick,Wood
Schools
Elementary Schools Zaragoza
Middle Schools Spence
High Schools North Dallas
School District Dallas Isd
Others
Ownership CPP 5X5 TRUST
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Conventional
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Bought with Drew Qualls • OakStar Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "