1921, 1923, 1925, 1927 W 10th St will be covered with purchase. Offers approximately 4,038 SF of total living space.
Incredible turnkey investment opportunity to acquire a cash-flowing fourplex in Dallas' premier 75208 zip code. Located at 1921-1927 W 10th St, this highly desirable asset sits in a high-demand rental pocket… Read More just minutes from the vibrant Bishop Arts District, Methodist Hospital, and Downtown Dallas.
The property delivers an excellent layout mix: two spacious 3-bedroom units (currently occupied at $1,700 per month each) and two downstairs 2-bedroom units (delivered vacant and ready for immediate, conservative market-rent optimization at $1,450 per month each). With a stabilized gross monthly income of $6,300, this asset projects an exceptional Net Operating Income (NOI) of $57,127.50 and a strong 6.49% Cap Rate at the recommended list price.
Landlord utility overhead is completely optimized with separate meters, leaving tenants 100% responsible for all utility payments. Featuring off-street parking, an exceptional neighborhood footprint, and clear house-hacking or 1031-exchange potential, this asset is a reliable anchor for any real estate portfolio.
Easy access to Hwy I-30, I-35. All information is deemed reliable and accurate but not guaranteed. Buyer and buyer's agent to verify all information contained herein including dimensions, measurement, features, schools etc. Property is being sold AS-IS. Please DO NOT disturb tenants. 1921 and 1925 are 2-bedroom units (downstairs units) are vacant and available for showing. No showing in 1923 and 1927 are 3-bedroom units (upstairs units) until accepted contract.
Seller has survey (it is attached in this listing). Buyer may obtained a new survey at buyer's expense.
Excludes: All tenants personal property. Read Less
Courtesy of Great Real Estate, Inc. Maria Madigan 214-532-4009.
