Address
5003 Bryan Street # 12, Dallas, TX
Price
$ 2,299,000
Property Attributes
  • MLS#20525547
  • TypeMulti-Family
  • CountyDALLAS
  • CityDallas
  • NeighborhoodCollege Hill
  • Zip75206
  • StyleApartment
  • Year Built1941
  • Taxes$ 29029
  • Price$ 2,299,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage8452
  • Lot Size0.304 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Rare opportunity to purchase this 12 unit, multifamily income producing property taken down to the studs in 2017 w solid rents and excellent value add potential in the heart of East Dallas. Common area and exterior improvements include new concrete parking lot, perimeter fencing, electric parking gate, windows and landscaping. 6 units have been completely renovated, while prospective buyers have an opportunity to pull rental amounts even higher on remaining units by adding granite countertops, tile backsplashes, and stainless steel appliances. Washers and Dryers are available for tenant use on both the 1st and 2nd floors. Extra storage available on 3rd floor for each unit. Located in one of Dallas’ most desired neighborhoods for investors, East Dallas offers residents the livability of an established neighborhood while only a short drive to Dallas’ most popular destinations, all less than 2 miles away, including Uptown, Deep Ellum, Knox Henderson, Lower Greenville and Downtown Dallas.

Elementary School
Kennedy Elementary School
Price History
2/6/2024 Listed $2,299,000

General Features

Heating Central
Complex Name College Hill
Cooling Electric
Utilities Cable Available,City Sewer,City Water,Community Mailbox,Concrete,Curbs,Electricity Connected
Possession Closing/Funding
Roof Composition
Appliances Disposal,Electric Cooktop,Electric Oven,Electric Range
School District Dallas ISD
Capitalization Rate 4.36
Year Built 1941
Tenancy Over 9 Months
Community Features Curbs,Gated,Laundry,Perimeter Fencing,Sidewalks
Levels Three Or More
Unexempt Taxes 29029
Will Subdivide No
Gross Annual Expenses 75186.00
Unit Number 12
Property SubType Apartment
Subdivision Name College Hill
Insurance Expense 12000
Occupant Type Tenant
Occupant Name See Agent
County Dallas
Operating Expense Includes Other
Property Type Residential Income
Security Features Fire Sprinkler System,Gated Community,Security Gate,Security Lights,Security System,Security System Owned,Smoke Detector(s)
Construction Materials Brick
Year Built Details Preowned
HOA Type None
Green Energy Efficient Drought Tolerant Plants
# of Buildings 1
Green Landscaping Native Landscape
Status Active
Directions Use Apple Maps.
City Dallas
Buyer Agent Compensation 2
Elementary School Name Kennedy
High School Woodrow Wilson
Street Name Bryan
Green Indoor Air Quality Integrated Pest Management
Elementary School Kennedy
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20525547
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Cable TV Available,Decorative Lighting,Flat Screen Wiring,Granite Counters,High Speed Internet Available,Multiple Staircases,Open Floorplan,Pantry,Walk-In Closet(s)
Flooring Luxury Vinyl Plank
Occupancy Rate 91
Fireplace Features None
Total Units 12
Unit Count 12
Full Baths 12
Lock Box Type Combo
Street Suffix Street
Total Bedrooms 12

Exterior Features

Exterior Features Lighting
Lot Features Corner Lot
Fencing Fenced,Full,Gate,High Fence,Perimeter,Security,Wrought Iron
Lot Size Source Public Records
Parking Features Assigned,Electric Gate,Parking Lot
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Area 0.3040
Number Of Parking Spaces 14
Lot Size Units Acres
Building Area Total 8452.00
Lot Size Square Feet 13242.2400
Lot Size Acres 0.3040
Patio And Porch Features None

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 75206

Price
AVG $1.3M
$2.3M
Taxes
AVG $16,169
$29,029
Visits
AVG 50
69
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1941

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