4112 Junius St, Dallas, TX 75246
- $949,000
- List Price
- $949,000
- Price Change
- ▼ $50,000 1751491469
- MLS#
- 20866406
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1924
- Construction Status
- Preowned
- Acres
- 0.23
- County
- Dallas
- City
- Dallas
- Subdivision
- Peaks Sub
- Building Name
- Na
Property Description
This 4,284 square-foot, fully leased four-plex presents an excellent investment opportunity with an estimated 7.3% cap rate, based on month-to-month leases with normalized rents. The property has been extensively renovated, including updates to the electrical system (four meters), plumbing (one water meter), roof, foundation, and central HVAC. Interior improvements feature new cabinetry, millwork, flooring, and windows. Additionally, the property includes a tiny home at the rear, which can serve as an office, and a three-car garage for tenants. Strategically located just off Interstate 30, the property is situated in a densely residential area near Baylor Scott & White Hospital and various retail establishments. Please note that showings will be permitted only after the property is under contract. The landlord conducts monthly inspections to ensure proper maintenance of each unit.
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Additional Information
- Unexempt Taxes
- $13,738
- Lot Size
- 10,018
- Acres
- 0.23
- Interior Features
- Other
- Foundation
- Pillar/Post/Pier
- Roof
- Other
- Stories
- 2
- Pool Features
- None
- Garage Spaces
- 3
- Parking Garage
- Driveway, Garage, On Site
- School District
- Dallas Isd
- Elementary School
- Zaragoza
- Middle School
- Long
- High School
- North Dallas
- Possession
- CloseOfEscrow
- Possession
- CloseOfEscrow
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Listing courtesy of Ross Miller from M&D CRE, LLC. Contact: 972-772-6025