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Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Sold
Purchase Type For Sale
Subdivision Arrangement West Condo
MLS Listing ID 20373820
Sold Date 01/19/24
Bedrooms 28
Full Baths 20
HOA Y/N None
Total Fin. Sqft 14544
Year Built 1969
Annual Tax Amount $1,190
Lot Size 0.558 Acres
Acres 0.558
Property Description
Seller financing available up to 50% of the purchase price at 5% balloon 5 year note. This is a wonderful value-add investment opportunity featuring 20 tenant-occupied units in a gated complex with pool. On-site laundry room (currently not in use) is located in the middle of the property. Complex is located in a re-gentrifying part of Dallas, close to freeways, and walking distance to retail. Photos are of the 1 bedroom, 1 bathroom unit #303. Currently the property is a condominium complex and the HOA is being kept active. The property is being sold in its entirety with all 20 units and common areas so a potential buyer can continue to operate as a condominium complex allowing to flexibility to sell units individually, or convert to a traditional apartment operation. Each unit is separately metered for electric and has separate HVAC units. There is a common water meter and common boiler. Extensive repairs are needed to the property and a detailed inspection report and bid is available
Location
State TX
County Dallas
Community Community Pool, Curbs, Gated, Laundry, Perimeter Fencing, Pool
Direction See google maps
Interior
Interior Features Cable TV Available, High Speed Internet Available, Walk-In Closet(s)
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Laminate, Luxury Vinyl Plank, Tile
Fireplaces Number 4
Fireplaces Type Wood Burning
Appliance Electric Oven, Electric Water Heater, Refrigerator
Heat Source Central
Exterior
Exterior Feature Covered Patio/Porch
Carport Spaces 12
Fence Metal
Pool Gunite, In Ground
Community Features Community Pool, Curbs, Gated, Laundry, Perimeter Fencing, Pool
Utilities Available City Sewer, City Water, Electricity Available
Roof Type Metal,Mixed,Tar/Gravel
Parking Type Carport, Common, Parking Lot
Total Parking Spaces 12
Garage No
Private Pool 1
Building
Story Three Or More
Foundation Combination
Level or Stories Three Or More
Structure Type Fiber Cement,Siding,Stucco,Wood
Schools
Elementary Schools Allen
Middle Schools Medrano
High Schools Jefferson
School District Dallas Isd
Others
Ownership Per Tax
Acceptable Financing Cash, Conventional, Owner Carry Second, Owner Will Carry
Listing Terms Cash, Conventional, Owner Carry Second, Owner Will Carry
Financing Cash
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Bought with Fikru Tadesse • T. Custom Realty