Next Level Realty

4512 Swiss Avenue

Dallas, TX 75204

MLS#: 21305069

$1,190,000

Status: Active
Listing number: 21305069
Listing provided by: Redfin Corporation
Listing agent phone: None
Last update: N/A
New on site 2 days ago
Browse Properties
Ac Ardreys - Residential Income

Property

Beds

4

Full Baths

4

1/2 Baths

None

Year Built

1933

Sq.Footage

4,200

Located in the A.C. Ardreys area of Dallas Texas in Dallas County, this fully leased fourplex investment property offers approximately 4,200 square feet across four 1 bedroom, 1 bathroom units near Downtown Dallas, Deep Ellum, Baylor University Medical Center & US-75. The location provides convenient access to major employment centers, public transportation, dining, entertainment & urban amenities throughout central Dallas. Investors seeking multifamily properties in Dallas Texas with immediate cash flow may appreciate the property's 100% occupancy, established rental history & value-add potential through future rent adjustments. Each unit offers approximately 950 square feet, providing larger-than-average floor plans for the area that support tenant demand & retention. Extensive improvements include foundation stabilization with approximately 30 piers installed, beam replacement, renovated kitchens & updated bathrooms throughout all units. Interior features include granite countertops, natural woodwork, open floor plans, walk-in closets, gas ranges, gas ovens, dishwashers, disposals & microwaves. Additional improvements include a renovated & landscaped backyard that creates an inviting shared outdoor space for residents. Property financials include approximately $83,100 gross annual income, $73,100 net income & a reported 6.14% cap rate. The property is served by Zaragoza Elementary, Spence Middle School & North Dallas High School within Dallas ISD. This property offers a strong combination of immediate income, updated systems & positioning within the Dallas Texas multifamily investment market.

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Granite Counters, Natural Woodwork, Open Floorplan, Walk-In Closet(s)

  • Total Bedrooms

    4

  • Bathrooms

    4

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding, Brick, Frame

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.284

  • Lot Size(square feet)

    12371.04

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $1,190,000

  • Tax Amount

    $18,026

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Zaragoza

  • Middle School

    Spence

  • High School

    North Dallas

Property Features

  • Foundation Details

    Pillar/Post/Pier

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    4

  • Water Source

    Public

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Location

County

Dallas

Elementary School

Zaragoza

Middle School

Spence

High School

North Dallas

Listing Courtesy of Casi Fricks , Redfin Corporation

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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


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Located in the A.C. Ardreys area of Dallas Texas in Dallas County, this fully leased fourplex investment property offers approximately 4,200 square feet across four 1 bedroom, 1 bathroom units near Downtown Dallas, Deep Ellum, Baylor University Medical Center & US-75. The location provides convenient access to major employment centers, public transportation, dining, entertainment & urban amenities throughout central Dallas. Investors seeking multifamily properties in Dallas Texas with immediate cash flow may appreciate the property's 100% occupancy, established rental history & value-add potential through future rent adjustments. Each unit offers approximately 950 square feet, providing larger-than-average floor plans for the area that support tenant demand & retention. Extensive improvements include foundation stabilization with approximately 30 piers installed, beam replacement, renovated kitchens & updated bathrooms throughout all units. Interior features include granite countertops, natural woodwork, open floor plans, walk-in closets, gas ranges, gas ovens, dishwashers, disposals & microwaves. Additional improvements include a renovated & landscaped backyard that creates an inviting shared outdoor space for residents. Property financials include approximately $83,100 gross annual income, $73,100 net income & a reported 6.14% cap rate. The property is served by Zaragoza Elementary, Spence Middle School & North Dallas High School within Dallas ISD. This property offers a strong combination of immediate income, updated systems & positioning within the Dallas Texas multifamily investment market.

4512 Swiss Avenue

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