Price Reduction
Address
6240 Richmond Avenue, Dallas, TX
Price
$ 650,000
Property Attributes
  • MLS#20520479
  • TypePending
  • CountyDALLAS
  • CityDallas
  • NeighborhoodEdgemont Park
  • Zip75214
  • StyleDuplex
  • Year Built1956
  • Taxes$ 11775
  • Price$ 650,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2112
  • Lot Size8,756 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Discover this gem in Lakewood Heights at 6240 Richmond Ave—where the pulse of the city meets tranquil living. Just a stone's throw from the bustling downtown and the picturesque White Rock Lake, this property boasts each unit with 2 bedrooms and 1 bath, the potential is vast: reimagine, rebuild, or simply revitalize. 1 unit is on the brink of remodeling. Potential rents of $2,300 per unit a month. A blend of opportunity and location, ready for the taking. Detail for Duplex is based on Unit photographed inside which is 6240, right side property, back unit. MLS #20520479 - 20574157 - Prefer to sell together. Duplexes cannot be sold without the other - close within 30 days of each other if not able to close at the same time. These photos are for one almost completed unit. The other 3 units need partial or full remodels, prices for those have been listed in the supporting documents. purchase second parcel with this property MLS # ,00000200119000000 along with property.

Elementary School
Rogers Elementary School
Price History
2/1/2024 Listed $1,300,000
3/30/2024 50% - $650,000

General Features

Heating Electric
Complex Name None
Cooling Electric
Utilities City Sewer,City Water,Concrete,Curbs,Electricity Available,Electricity Connected,Individual Gas Meter,Individual Water Meter,Overhead Utilities,Sidewalk
Possession Closing/Funding,Subject to Lease
Roof Composition
Appliances Other
Number of Garage Spaces 2
School District Dallas ISD
Capitalization Rate 12.98
Year Built 1956
Tenancy Other
Unexempt Taxes 11775
Will Subdivide No
Gross Annual Expenses 2600.00
Property SubType Duplex
Subdivision Name Edgemont Park
Insurance Expense 3000
County Dallas
Property Type Residential Income
Construction Materials Brick,Frame,Wood
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Pending
Directions heading north from Greenville Ave take a right on Richmond ave and head east. Home will be on the right. Also feel free to use GPS
City Dallas
Buyer Agent Compensation 3
Elementary School Name Rogers
High School Hillcrest
Street Name Richmond
Elementary School Rogers
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20520479
Standard Status Pending
Buyer Agent Compensation Type %

Interior Features

Interior Features Cable TV Available,High Speed Internet Available,Pantry,Walk-In Closet(s)
Flooring Laminate,Tile
Total Units 2
Full Baths 2
Lock Box Type Combo
Street Suffix Avenue
Total Bedrooms 4

Exterior Features

Lot Features Interior Lot
Fencing Chain Link
Parking Features Additional Parking,Garage
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Foundation Pillar/Post/Pier
Lot Size Area 0.2010
Number Of Parking Spaces 2
Lot Size Units Acres
Building Area Total 2112.00
Garage Y/N Yes
Lot Size Square Feet 8755.5600
Lot Size Acres 0.2010
Patio And Porch Features Covered

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 $940K
$650K
Taxes
AVG $24,186
$11,775
Visits
AVG 119
28
Data Provided by Inside Real Estate®
Year Built
AVG 1970
1956

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