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2405 Foreman Street

Dallas, TX 75210
  • $699,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 20036306
UPDATED: 45 min ago
$699,000
  • 16
    BEDS
  • 0.25
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1967
County:
Area:

School Information

High School:
School District:
Offered by Mansur Lalji of Re/Max Premier.

Description

Rare multi family opportunity in the rapidly developing and gentrifying Fair Park area.Each unit is approximately 700 square feet with two spacious 2 bedrooms and one bath and all the units are individually metered for electricity. Roof, plumbing and HVAC units are in good working order, however two of the units need Rehab that was caused by an electrical fire. In addition the wiring in the entire building needs to be replaced. The units stay rented continuously due to high demand and proximity to the Dart Light rail station.10 K Earnest Money. Cash or Hard Money. seller may carry a note for 6-12 months with 25% down and 7% interest rates so buyer can rehab the building prior to getting permanent financing.

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Front Real Estate Co.. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Front Real Estate Co. are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-17T21:40:30.197.
dallas.frontrec.com/homes/128275366
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2405 Foreman Street Dallas, TX 75210

  • Price: $699,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 45 min ago
  • MLS #: 20036306
16
Beds
8
Baths
0
½ Baths
0.25
Acres
1967
Built
Neighborhood:
C W Walkers
County:
Dallas
Area:
Dallas
High School:
Lincoln
School District:
Dallas ISD
Property Description
Rare multi family opportunity in the rapidly developing and gentrifying Fair Park area.Each unit is approximately 700 square feet with two spacious 2 bedrooms and one bath and all the units are individually metered for electricity. Roof, plumbing and HVAC units are in good working order, however two of the units need Rehab that was caused by an electrical fire. In addition the wiring in the entire building needs to be replaced. The units stay rented continuously due to high demand and proximity to the Dart Light rail station.10 K Earnest Money. Cash or Hard Money. seller may carry a note for 6-12 months with 25% down and 7% interest rates so buyer can rehab the building prior to getting permanent financing.
Exterior Features

Construction Brick Foundation Pillar/Post/Pier Lot Description Corner Lot Lot Size Source Public Records Parking Or Garage Open Parking Spaces 16 Pool On Property No Roof Other

Interior Features

Appliances Other Attached Garage No Basement No Cooling Wall/Window Unit(S) Flooring CarpetOther Garage No Handicap YN No Heating Gas Jets Interior Features Cable Tv Available Window Features Window Coverings

Property Features

Building Area Source Owner Building Area Total 5600.00 Complex Name Sun Pallace Construction Status Preowned Gross Annual Expenses 33000.00 Gross Annual Income 130000.00 HOA None Horse Permitted No Insurance Expense 5000 Levels Two List MLSProvider Collin County Association Of Realtors Listing Terms CashContact Agent Municipal Utility District No Net Operation Income 90000 Possession Closing/Funding Property Type Apartment Senior Community No Tenancy 6 Months Or Less Unexempt Taxes 11665 Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Front Real Estate Co.. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Front Real Estate Co. are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-17T21:40:30.197.
 
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Logo
Front Real Estate Co.
PO Box 13587
Arlington TX, 76094
Offered by Mansur Lalji of Re/Max Premier.