$949,000

4112 Junius Street, Dallas, TX 75246

  • 4,284 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $222/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

This 4,284 square-foot, fully leased four-plex presents an excellent investment opportunity with an estimated 7.3% cap rate, based on month-to-month leases with normalized rents. The property has been extensively renovated, including updates to the electrical system (four meters), plumbing (one water meter), roof, foundation, and central HVAC. Interior improvements feature new cabinetry, millwork, flooring, and windows. Additionally, the property includes a tiny home at the rear, which can serve as an office, and a three-car garage for tenants. Strategically located just off Interstate 30, the property is situated in a densely residential area near Baylor Scott & White Hospital and various retail establishments. Please note that showings will be permitted only after the property is under contract. The landlord conducts monthly inspections to ensure proper maintenance of each unit.

Listing Status:
Active
Listing Office:
M&D CRE, LLC : 972-772-6025
Listing Agent:
Ross Miller :
MLS ID:
20866406
  • General: Other
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Ross Miller, M&D CRE, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Ignacio Zaragoza Elementary School

4550 Worth St, Dallas, TX, 75246

Grades PK-5

0.29 miles away

I

Ignite Middle School

2211 Caddo St, Dallas, TX, 75204

Grades 6-8

1.01 miles away

I

Innovation Design Entrepreneurship Academy

4800 Ross Ave, Dallas, TX, 75204

Grades 9-12

0.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.