$1,695,000
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9,800 SqFt
SOLD DATE : 10/23/2020
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 9,800 sqft
Price per Sqft $172
Subdivision Bowser & Lemmons Oak Lawn
MLS Listing ID 14226250
Sold Date 10/23/20
HOA Y/N None
Total Fin. Sqft 9800
Year Built 1963
Lot Size 0.350 Acres
Acres 0.35
Property Description
Located on one of the most coveted streets in Oak Lawn 4020 Rawlins represents one of the last true remaining value add properties left. Sitting on 15,000 feet of land the property features 12 large and spacious units averaging over 800 square feet. The building has a majority of 2 bedroom 2 bath units with the remaining units being 1 bedrooms. The property has been converted into condominiums whereby you can sell each unit individually or keep them as a package for a long term hold. Recent condo sales have confirmed prices of over 275K a door in the area. Increase the rents 2X by implementing a renovation program to upgrade units.
Location
State TX
County Dallas
Direction Head North on Lemmon from Oak Lawn. Make a left on Throckmorton. Right on Rawlins. Property is on your right hand side.
Interior
Interior Features Other
Heating Central, Natural Gas
Cooling Central Air, Electric
Flooring Carpet
Appliance Dishwasher, Disposal
Heat Source Central, Natural Gas
Exterior
Utilities Available City Sewer, City Water
Roof Type Tar/Gravel
Parking Type Garage Faces Front, Garage Faces Rear
Total Parking Spaces 18
Garage No
Building
Lot Description Interior Lot
Story Two
Foundation Pillar/Post/Pier
Structure Type Brick
Schools
Elementary Schools Esperanza Medrano
Middle Schools Rusk
High Schools North Dallas
School District Dallas Isd
Others
Ownership see agent
Financing Cash
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Bought with Matteo Faeth • Perry Guest Company
13276 Research Blvd, Suite # 107, Austin, Texas, 78750, United States