Address
3209 Norwalk Avenue, Dallas, TX
Price
$ 875,000
Property Attributes
- MLS#20434816
- TypeMulti-Family
- CountyDALLAS
- CityDallas
- NeighborhoodMarshall Terrace
- Zip75220
- StyleApartment
- Year Built1982
- Taxes$ 14877
- Price$ 875,000
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms0
- Lot Size7,928 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
VALUE ADD OPPORTUNITY! Apartment complex for sale in a very desirable area in Dallas primed for growth. The complex has 8 total units, 4 on the first floor and 4 on the second floor. Fully leased at $975 each and all are on month-to-month leases. Owner pays water, trash, and exterior lights. Tenants are responsible for the interior lights and all other utilities. With exterior improvements, rent could easily be pushed to $1,025 per month based on neighboring comps. All leases, 2022 and 2023 financials, and utility bills are available in transaction desk.
| Elementary School |
|---|
| Foster Elementary School |
| Price History | |
|---|---|
| 9/19/2023 | Listed $999,900 |
| 10/12/2023 | 6% - $949,900 |
| 11/2/2023 | 6% - $900,000 |
| 12/8/2023 | 1% - $899,900 |
| 4/3/2024 | 3% - $875,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Complex Name | TBD |
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | Cable Available,City Sewer,City Water |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Range |
| School District | Dallas ISD |
| Capitalization Rate | 0.00 |
| Year Built | 1982 |
| Levels | Two |
| Unexempt Taxes | 14877 |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Apartment |
| Subdivision Name | Marshall Terrace |
| Occupant Type | Tenant |
| County | Dallas |
| Property Type | Residential Income |
| Construction Materials | Brick |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 1 |
| Status | Active |
| Directions | GPS. |
| City | Dallas |
| Buyer Agent Compensation | 2.5 |
| Elementary School Name | Foster |
| High School | Jefferson |
| Street Name | Norwalk |
| Elementary School | Foster |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20434816 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Cable TV Available,High Speed Internet Available |
|---|---|
| Flooring | Other |
| Total Units | 8 |
| Unit Count | 1 |
| Full Baths | 8 |
| Lock Box Type | Combo |
| Street Suffix | Avenue |
| Total Bedrooms | 8 |
Exterior Features
| Parking Features | Assigned,Common |
|---|---|
| Foundation | Slab |
| Lot Size Area | 0.1820 |
| Number Of Parking Spaces | 8 |
| Lot Size Units | Acres |
| Building Area Total | 2568.00 |
| Lot Size Square Feet | 7927.9200 |
| Lot Size Acres | 0.1820 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 75220
Price
Taxes
Visits
Year Built
Walkscore
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
