4047 Herschel Ave Unit 12 Units Total, Dallas, TX 75219

List Price
$6,500,000
MLS#
20641732
Status
ACTIVE
Type
Condo
Subtype
ResidentialIncome
Year Built
1981
Construction Status
Preowned
Bedrooms
16
Full Baths
16
Acres
0.33
County
Dallas
City
Dallas
Subdivision
Herschel Ave Condo
Building Name
Herschell Terrace

Property Description

Herschel Terrace is a rare multi-family opportunity on a corner lot approximately three blocks away from Highland Park. Technically this property is platted and parceled as 12 condo units but current owner owns all 12 and the entire property. Possibilities are endless providing a multitude of options from redevelopment on a corner lot, to selling the units individually, or just continue operating it like an apartment complex. There are two building each containing 6 units. There are 4 two bedroom two bath units and 8 one bedroom one bath units. On the parking lot side the end units have a common area basement containing a laundry room for the residents.

Additional Information

Unexempt Taxes
$8,353
Lot Size
14,331
Acres
0.33
Lot Description
Corner Lot
Interior Features
Double Vanity, Eat-in Kitchen, High Speed Internet, Open Floorplan, Cable TV, Walk-In Closet(s)
Flooring
Carpet, Combination, Ceramic, Hardwood, Vinyl
Foundation
Combination, Slab
Roof
Composition
Stories
2
Pool Features
None
Exterior
Balcony, Courtyard
Parking Garage
Common, On Site, Open, Parking Lot
School District
Dallas Isd
Elementary School
Milam
Middle School
Rusk
High School
North Dallas
Possession
CloseOfEscrow, SubjectToTenantRights
Possession
CloseOfEscrow, SubjectToTenantRights
Community Features
Community Mailbox, Curbs, Sidewalks

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of William Butler from Butler Property Company. Contact: 214-641-9400