3705 Brown Street, Dallas, Texas 75219

$2,100,000
8
BD
List Price
$2,100,000
MLS#
14553373
Status
ACTIVE
Type
Multifamily
Year Built
1981
Construction Status
Preowned
Bedrooms
8
Full Baths
8
Half Baths
4
Acres
0.164
County
Dallas
City
Dallas
Subdivision
Brown Street Condo
Building Name
Brown Street Condo

Property Description

Amazing Live, Rent Invest Opportunity Located in the Heart of Oak Lawn. Own 4 Freestanding Condos and Obtain .16 Acres of Real Estate With an Additional Lot Used for Parking at the Corner. Green Space in the Front and Back Yards for Each Property. Each Unit Features 2 Stories, 2 Bedrooms 2 Bath on 2nd Floor, Half Bath on Main Floor. Kitchen, Dining and Living Area Large Enough to Entertain and Host. Each Unit Is Actively Leased and Generating Income. 2 Units Furnished. 1 Owner for the Entire Offering. Financials Available on Request. Owner Managed and On-Site. Zoned MF-3A Must See! Parcel comprised of 3703, 3705, 3707 and 3709 Brown St + Parking Lot.

Additional Information

Unexempt Taxes
$25,000
HOA
No HOA
Amenities
Fireplace
Annual Insurance
6000
Gross Annual Expenses
50000
Gross Annual Income
155000
Lot Size
7,143
Acres
0.164
Subdivided
No
Interior Features
Window Coverings
Flooring
Carpet, Ceramic Tile, Wood
Foundation
Slab
Roof
Composition
Stories
2
Fireplaces
8
Fireplace Type
Brick
Street Utilities
City Sewer, City Water, Individual Gas Meter, Individual Water Meter
Heating Cooling
Central Air-Elec, Central Heat-Elec, Zoned
Exterior
Patio Covered
Construction Material
Brick, Common Wall
Parking Garage
Common Lot
Total Num Parking
8
School District
Dallas Isd
Elementary School
Milam
Middle School
Spence
High School
North Dallas
Proposed Financing
Cash, Contact Agent, Conventional
Building Sq. Ft.
4680
Number of bldgs.
4
Number of units
4
Occupancy Rate
100
Possession
Closing/Funding, Negotiable
Cap Rate
5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Spencer Realtors.