Address
5508 Tremont Street, Dallas, TX
Price
$ 1,375,000
Property Attributes
  • MLS#14729971
  • TypePending
  • CountyDALLAS
  • CityDallas
  • NeighborhoodJunius Heights
  • Zip75214
  • StyleApartment
  • Price$ 1,375,000
  • Bedrooms9
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage4860
  • Lot Size7,492 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

ATTENTION INVESTORS - OUTSTANDING INVESTMENT OPPORTUNITY IN THE HEART OF EAST DALLAS!! 9-UNIT STYLISH UPDATED AND CHIC APARTMENT COMPLEX IN JUNIUS HEIGHTS!! UNITS ARE 1BEDROOM, 1BATH WITH CENTRAL ELECTRIC HEAT&AIR, SEWER LINES REPLACED OCT.2022,EXTERIOR PAINTING OCT.2022,INTERIOR PAINTING OCT.2022&2023,DOUBLE PANE WINDOWS, ELECTRICAL PANELS UPDATED,HVAC UNITS UPDATED,ROOF APPROX.2014,APPLIANCES INCLUDE MICROWAVES,REFRIGERATORS,MODERN PAINT COLORS,VINYL,LAMINATE&CERAMIC FLOORING. THERE ARE 9ASSIGNED PARKING SPACES,PROPERTY HAS A FRONT AND BACK PARKING AREA AS WELL AS AN OPEN COMMON SITTING AREA,SEPARATE ONSITE UTILITY-LAUNDRY AREA WITH WASHER-DRYER. PROPERTY VERY WELL MAINTAINED AND UPDATED. CLOSE TO LAKEWOOD SHOPPING,DINING,DOWNTOWN DALLAS,WHITE ROCK LAKE,SANTA FE TRAIL,GREENVILLE AVE.,MAJOR FREEWAYS. PLEASE DO NOT DISTURB TENANTS. PROPERTY LOCATED IN JUNIUS HEIGHTS HISTORICAL DISTRICT- GREAT OPPORTUNITY IN PRIME LOCATION!! - NO SELLER FINANCING.

Elementary School Middle School High School
Lipscomb Elementary School Long Middle School Woodrow Wilson High School
Price History
12/24/2021 Listed $1,550,000
9/21/2023 2% - $1,525,000
1/2/2024 2% - $1,495,000
2/8/2024 5% - $1,425,000
3/1/2024 4% - $1,375,000

General Features

Heating Central,Electric
Complex Name 5508 TREMONT
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Alley,City Sewer,City Water,Community Mailbox,Concrete,Curbs,Master Water Meter,Sidewalk
Possession Closing/Funding
Roof Other
Appliances Electric Range,Electric Water Heater,Microwave,Refrigerator,Vented Exhaust Fan
School District Dallas ISD
Capitalization Rate 0.00
Exclusions TENANTS PERSONAL PROPERTY
Year Built 1972
Tenancy No Smoking,No Sublease,No Waterbeds,Pet Restrictions,Written Application Only
Community Features Laundry
Levels Two
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Apartment
Subdivision Name JUNIUS HEIGHTS
Occupant Type Tenant
County Dallas
Operating Expense Includes Insurance,Licenses,Maintenance,Maintenance Grounds,Manager,New Tax,Supplies,Utilities,Water/Sewer,Other
Property Type Residential Income
Security Features Security Lights,Smoke Detector(s)
Construction Materials Stucco,Wood
Year Built Details Preowned
HOA Type None
Green Energy Efficient Appliances,Doors,Thermostat,Windows
Special Notes Historical,Survey Available
# of Buildings 1
Status Pending
Directions BEACON TO TREMONT ST.
City Dallas
Buyer Agent Compensation 3
Elementary School Name Lipscomb
High School Woodrow Wilson
Street Name Tremont
High School Woodrow Wilson
Elementary School Lipscomb
Middle/Junior School Long
Virtual Tour URL Unbranded www.propertypanorama.com/instaview/ntreis/14729971
Standard Status Pending
Buyer Agent Compensation Type %

Interior Features

Interior Features Cable TV Available,Decorative Lighting
Flooring Ceramic Tile,Laminate,Vinyl
Total Units 9
Unit Count 9
Full Baths 9
Lock Box Type None
Street Suffix Street
Total Bedrooms 9
Window Features Window Coverings

Exterior Features

Exterior Features Covered Patio/Porch,Rain Gutters
Lot Features Interior Lot,No Backyard Grass,Subdivision
Fencing Wood,None
Parking Features Assigned,Covered,Garage Faces Front,Open
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Area 0.1720
Number Of Parking Spaces 9
Lot Size Units Acres
Building Area Total 4860.00
Lot Size Square Feet 7492.3200
Lot Size Acres 0.1720
Patio And Porch Features Covered,Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 75214

Price
AVG $970K
$1.38M
Visits
AVG 122
1783
Data Provided by Inside Real Estate®
Year Built
AVG 1970
1972
Walkscore
AVG 40
63
Data Provided by Walkscore® not using MLS data

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