$945,000
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12 Beds
4 Baths
5,916 SqFt
SOLD DATE : 11/20/2023
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,916 sqft
Price per Sqft $159
Subdivision Bentley
MLS Listing ID 20391216
Sold Date 11/20/23
Bedrooms 12
Full Baths 4
HOA Y/N None
Total Fin. Sqft 5916
Year Built 1948
Annual Tax Amount $5,048
Lot Size 7,710 Sqft
Acres 0.177
Property Description
INVESTORS ONLY. Sold as a package of 4 full duplexes, including 4022 Walker St, 4026, Walker St, and 4036 Walker St. As is. Excellent value-add opportunity in an up & coming Oak Cliff location with land values on the rise. Month-to-month leases with long-term tenants in place. Utilities are separately metered for each unit and paid by tenants. One unit has been partially updated and is currently vacant for renovation. With full updates, rents could be increased substantially. Several new builds on Walker. This could be a great opportunity for redevelopment. See the OFFERING MEMORANDUM in documents for pro forma income & expense projections. Projected cap rate is 7.84%
Location
State TX
County Dallas
Direction West on Davis from the Bishop Arts District. South on Westmoreland, west on Clarendon, south on Dumane then west on Kernack. Property located on the north side of the street. No sign on the property.
Interior
Interior Features Other
Heating Other
Cooling Other
Flooring Other
Appliance Other
Heat Source Other
Exterior
Utilities Available City Sewer, City Water, Individual Gas Meter, Individual Water Meter, Natural Gas Available
Roof Type Composition
Garage No
Building
Lot Description Interior Lot
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Siding
Schools
Elementary Schools Donald
Middle Schools Zan Wesley Holmes
High Schools Kimball
School District Dallas Isd
Others
Ownership Sara Reeder
Acceptable Financing Cash
Listing Terms Cash
Financing Other
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