Contact Yonnic Land with The Multifamily Group 972- 983- 9051 yonnic.land @multifamilygrp.com The Multifamily Group is pleased to present the exclusive offering of the Mather Ct 5Plex in Dallas, Texas. Constructed in 1942, the property comprises four units within a single structure each 725-745 SF, as well as an… Read More additional unit from a garage conversion that is 480 SF. Every unit has one-bedroom and one-bathroom. The roof is less than 6 years old, the wiring is copper, the sewer line is cast iron and the water line is copper. Located in the culturally rich Oak Cliff area, known for its diverse community and proximity to downtown Dallas. The median household income in a 3-mile radius is approximately $59,000, with a population of around 120,000 residents (Yardi). The demand for affordable housing in the area presents a promising prospect for future rental income. The property is being offered free and clear of existing debt. Read Less
Courtesy of The Multifamily Group, Jonathan Krebbs.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Beds
5
Full Baths
5
Lot Size
0.08 Acres
Year Built
1942
MLS Number
20936367
Additional Details
Property Access
Road surface type: Asphalt
Appliances & Equipment
Refrigerator
Building
Built in 1942, Construction materials: Brick, VinylSiding, Levels: Two, 2 buildings, 2, Toal building area: 3420
Cooling
CentralAir, WallUnits
Expenses
Insurance: $1,710
Floors
CeramicTile
Heating
Electric
Income
Gross income: $46,800, Net operating income: $43,193
Interior Features
CableTv
Lot
0.0785 acres, 3,420 sqft
Parking
10 total parkings, Asphalt, Gravel
Pool
None
Roof
Composition, Shingle
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable, CableAvailable
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