$650,000
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1443 S Ewing Avenue Dallas, TX 75216
5,676 SqFt
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,676 sqft
Price per Sqft $114
Subdivision Dover St
MLS Listing ID 14361088
Sold Date 10/23/20
HOA Y/N None
Total Fin. Sqft 5676
Year Built 1966
Annual Tax Amount $8,567
Lot Size 10,497 Sqft
Acres 0.241
Property Sub-Type Apartment
Property Description
This 8 unit Multifamily property located in South Dallas is currently operating at an NOI of $47,946 at a 7.38% cap rate on actuals. The property consists of 2 Bed 1 Bath units at 710 SF. 7 of 8 units are currently leased at $890, with 1 vacant unit. This is a turnkey investment in an Opportunity Zone, presenting new ownership with the opportunity to capitalize on renovated units and proven rents throughout the property. OM and all financials are in the documents tab and also on Waller Group's website.
Location
State TX
County Dallas
Direction Head south on McKinney Ave to get on US-75 S from N Central Expy; continue to follow signs for I-35E S-Waco S and merge onto I-35E; Take exit 426A toward Ewing Ave; Turn left onto S Ewing Ave; Destination will be on the right.
Interior
Interior Features Other
Heating Central, Natural Gas
Cooling Central Air, Electric
Appliance Built-in Gas Range, Refrigerator
Heat Source Central, Natural Gas
Exterior
Fence Wrought Iron
Utilities Available City Sewer, City Water
Roof Type Metal
Total Parking Spaces 8
Garage No
Building
Story Two
Foundation Slab
Structure Type Brick,Frame,Wood
Schools
Elementary Schools Mills
Middle Schools Storey
High Schools Manns
School District Dallas Isd
Others
Ownership Owner of Record
Financing Other
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Bought with Mildred Williams • eXp Realty LLC