Address
2606 Marburg Street, Dallas, TX
Price
$ 249,999
Property Attributes
  • MLS#20524198
  • TypeMulti-Family
  • CountyDALLAS
  • CityDallas
  • NeighborhoodHamilton Add
  • Zip75215
  • StyleDuplex
  • Year Built1926
  • Taxes$ 1992
  • Price$ 249,999
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size0.17 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Incredible cap rate, turn key rental opportunity. Fully leased, 3 bed 1 bath tenant paying 900 a month, 2 bed 1 bath tenant paying 1100 a month plus bonus detached room in the back rented for 300 a month as storage. all leases month to month. Owner pays water and electric . This property is distressed, being sold as-is. Seller does not and never has lived in the property, buyer to do due diligence. unrepresented buyers will be appointed an agent other than listing agent so please contact your agent of choice for info. Owner does not keep any documentation nor will he provide anything other than sdn and lbp. No showings without executed contract, no exceptions.

Elementary School
Rice Elementary School
Price History
2/5/2024 Listed $249,999

General Features

Heating Other
Complex Name Marburg
Cooling Window Unit(s),Other
Utilities City Sewer,City Water,Master Water Meter
Possession Closing/Funding,Lease Outstanding,Negotiable
Roof Composition
Appliances Electric Oven,Electric Range
School District Dallas ISD
Capitalization Rate 8.28
Year Built 1926
Levels One
Unexempt Taxes 1992
Will Subdivide No
Gross Annual Expenses 1992.00
Property SubType Duplex
Subdivision Name Hamilton Add
Insurance Expense 696
County Dallas
Property Type Residential Income
Construction Materials Siding
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions gps
City Dallas
Buyer Agent Compensation 3
Elementary School Name Rice
High School Lincoln
Street Name Marburg
Elementary School Rice
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20524198
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Other
Flooring Laminate
Occupancy Rate 100
Total Units 3
Unit Count 3
Full Baths 2
Lock Box Type None
Street Suffix Street
Total Bedrooms 5

Exterior Features

Parking Features Garage Faces Front,On Street,Open
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Lot Size Area 0.1700
Number Of Parking Spaces 4
Lot Size Units Acres
Building Area Total 1794.00
Lot Size Square Feet 7405.2000
Lot Size Acres 0.1700

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 Multi-Family Average in 75215

Price
AVG $570K
$250K
Taxes
AVG $7,109
$1,992
Visits
AVG 57
132
Data Provided by Inside Real Estate®
Year Built
AVG 1968
1926

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