Dallas, TX 75206,5425-27 Melrose Avenue

$1,599,000

Est.Price: ?

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Est. payment /mo

6 Beds

7 Baths

5,600 SqFt


SOLD DATE : 03/17/2021

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $285

Subdivision Vickery Place

MLS Listing ID 14415674

Sold Date 03/17/21

Bedrooms 6

Full Baths 6

Half Baths 2

HOA Y/N None

Total Fin. Sqft 5600

Year Built 2019

Property Description

Opportunity to own New Construction Modern building in great Dallas location 5425 & 5427 Melrose. Potential $144,000 annual income. 100% occupied, over 6% cap rate. Very quiet street yet walk-able to great dining, entertaining & shopping. Simple & Elegant design with clean lines and high quality materials throughout. Highly energy efficient home with foam insulation. Open concept living extended sight lines to large back yard. Master bedroom with balcony, 2 other beds & game room (or office) with balcony on 2nd floor. Beautiful rooftop deck, great entertaining space, with views of Downtown Dallas. Includes builders warranty.

Location

State TX

County Dallas

Direction .

Interior

Interior Features Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Ceramic Tile, Wood

Fireplaces Number 1

Fireplaces Type Gas Starter

Appliance Built-in Refrigerator, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Ice Maker, Microwave, Plumbed For Gas in Kitchen, Plumbed for Ice Maker, Refrigerator, Vented Exhaust Fan

Heat Source Central, Natural Gas

Exterior

Exterior Feature Balcony, Covered Deck, Covered Patio/Porch, Lighting, Outdoor Living Center

Fence Wood

Utilities Available City Sewer, City Water

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Building

Lot Description Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass, Sprinkler System, Subdivision

Story Two

Foundation Slab

Structure Type Brick

Schools

Elementary Schools Geneva Heights

Middle Schools Long

High Schools Wilson

School District Dallas Isd

Others

Ownership see agent

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Lee Lamont • Coldwell Banker Realty
Bought with Michael Brink • Keller Williams Urban Dallas
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