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5211 Worth Street

Dallas, TX 75214
  • $1,250,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 20052296
New On Site 6 Days Ago
UPDATED: 26 min ago
$1,250,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1927
County:
Area:

School Information

High School:
School District:
Offered by Matteo Faeth of Texmass Equity Partners, Llc.

Description

Value add 8 unit in the Munger Place district in Old East Dallas!! Built in the 1920s the building has all the character and charm you would expect from that era. Original hard wood flooring, ornate built ins, fireplaces, mantels, and even a spot for your telephone. One unit has received a full upgrade with quartz countertops, new cabinets, new appliances, and updated bathrooms; receiving market rents. 5 units have received minor updates while the other 2 units are classic units. Renovate the exterior with fresh paint and landscaping coupled with interior renovations to make this building shine again. Currently, the building is all bills paid but create value buy rubbing back for electric, water, and trash. Whether short term or long term rental; the building has several options. The location is next door to Munger Park and Garden Caf and perfectly situated in-between Downtown Dallas, Lower Greenville, and Knox Henderson.

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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 2022-05-17T22:40:07.54.
dallas.frontrec.com/homes/128536682
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5211 Worth Street Dallas, TX 75214

  • Price: $1,250,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 26 min ago
  • MLS #: 20052296
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1927
Built
Neighborhood:
Munger Place
County:
Dallas
Area:
Dallas
High School:
North Dallas
School District:
Dallas ISD
Property Description
Value add 8 unit in the Munger Place district in Old East Dallas!! Built in the 1920s the building has all the character and charm you would expect from that era. Original hard wood flooring, ornate built ins, fireplaces, mantels, and even a spot for your telephone. One unit has received a full upgrade with quartz countertops, new cabinets, new appliances, and updated bathrooms; receiving market rents. 5 units have received minor updates while the other 2 units are classic units. Renovate the exterior with fresh paint and landscaping coupled with interior renovations to make this building shine again. Currently, the building is all bills paid but create value buy rubbing back for electric, water, and trash. Whether short term or long term rental; the building has several options. The location is next door to Munger Park and Garden Caf and perfectly situated in-between Downtown Dallas, Lower Greenville, and Knox Henderson.
Exterior Features

Carport Spaces 0 Construction Brick Covered Spaces 0 Exterior Features Dog Run Fencing Wood Foundation Pillar/Post/Pier Lot Description Corner Lot Lot Size Source Assessor Parking Or Garage Other Parking Spaces 5 Pool On Property No Roof Composition

Interior Features

Appliances DishwasherDisposalGas RangeRefrigerator Attached Garage No Cooling Window Unit(S) Fireplace Features Gas Fireplaces 8 Flooring Ceramic TileHardwood Garage No Handicap YN No Heating Fireplace InsertSpace Heater Interior Features Built-In Features

Property Features

Building Area Source Assessor Building Area Total 5376.00 Complex Name N/A Construction Status Preowned Gross Annual Expenses 59094.00 Gross Annual Income 124604.00 HOA None Insurance Expense 7250 Levels Two List MLSProvider Metrotex Association Of Realtors Municipal Utility District No Net Operation Income 65510 Operating Expense Includes InsuranceMaintenanceMaintenance GroundsMaintenance StructureManagerNew TaxPest ControlSuppliesUtilitiesVacancy AllowanceWater/Sewer Possession Closing/Funding Property Type Multi Family Tenancy Month To Month Unexempt Taxes 16883 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 2022-05-17T22:40:07.54.
 
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Front Real Estate Co.
PO Box 13587
Arlington TX, 76094
Offered by Matteo Faeth of Texmass Equity Partners, Llc.