$1,395,000
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8 Beds
8 Baths
5,636 SqFt
SOLD DATE : 11/29/2021
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,636 sqft
Price per Sqft $247
Subdivision University Place Add
MLS Listing ID 14672859
Sold Date 11/29/21
Bedrooms 8
Full Baths 8
HOA Y/N None
Total Fin. Sqft 5636
Year Built 1925
Annual Tax Amount $14,107
Lot Size 7,143 Sqft
Acres 0.164
Lot Dimensions 50x143.5
Property Description
Charming original 1925 two-story 8 Unit building. Located steps away from Turtle Creek and restaurants and retail on Oak Lawn. Once-in-a-generation Value-Add investment opportunity. Current rents are under market at $750. Market rents are $1500 and you need to spend 150k to get those rents.Imagine walking out your front door & dining at Al Biernets, or the Shops of Highland Park. Located minutes to downtown Dallas, Love Field, Uptown, Katy Trail, one block from Highland Park. Prime Location!
Location
State TX
County Dallas
Direction SEE GPS @ THE CORNER OF OAK LAWN AND PRESCOTT NEXT TO THE DREXEL CONDOSDocuments ATTACHED
Interior
Interior Features Multiple Staircases
Heating Other
Cooling Other, Window Unit(s)
Appliance Gas Cooktop
Heat Source Other
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Parking Type Common
Total Parking Spaces 7
Garage No
Building
Story Two
Foundation Pillar/Post/Pier
Structure Type Brick
Schools
Elementary Schools Milam
Middle Schools Spence
High Schools North Dallas
School District Dallas Isd
Others
Ownership PGH Cascade
Financing Conventional
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Bought with Leah Dunn • Leah Dunn Real Estate Group
13276 Research Blvd, Suite # 107, Austin, Texas, 78750, United States