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Dallas, TX 75220
  • 8 Beds
  • 8 Baths
$825,000

About this home

This prime 8-unit multi-family asset offers a streamlined, low-maintenance entry into the high-growth Northwest Dallas rental market. The property features a uniform mix of 1-bedroom, 1-bathroom units, all of which have been recently enhanced with fresh paint and durable vinyl flooring, significantly reducing immediate capital expenditure and allowing a new owner to focus on operations rather than renovations. The investment structure is highly predictable, with all residents on 12-month leases that concurrently renew on July 1st, providing an ideal window for annual market-rate adjustments across the entire portfolio. A few units are currently available following recent turnover, this vacancy presents a strategic opportunity to capture current market premiums without the delay of lease expirations. Each unit boasts 8-foot ceilings, fully equipped kitchens, with all appliances and the high-demand convenience of in-unit washer and dryer hookups. Historically favored by professional tenants, the location provides exceptional connectivity to major regional employment engines, including Dallas Love Field Airport and the UT Southwestern Medical District. With quick access to I-35E and the Dallas North Tollway, this asset is positioned to benefit from the sustained demand for housing in one of the city’s most rapidly appreciating zip codes. Full financials and utility records are available for review upon request.

Overview

Full Baths
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Half Baths
0
Bathrooms
8
Bedrooms
8
Building Area
5136
Levels
Two
Living Area
0
Lot Size (Acres)
0.182
Property Subtype
Apartment
Property Type
Residential Income
Status
Active
Year Built
1982

Interior

Appliances
Electric Oven, Electric Range, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fan(s)
Fireplaces
0
Flooring
Ceramic Tile, Laminate, Vinyl
Heating
Central
Interior Features
Cable TV

Exterior & Construction

Construction
Brick, Frame, Wood Siding
Foundation
Slab
Roof
Composition, Shingle

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Dallas
County
Dallas
School District
Dallas ISD
ZIP Code
75220
State
TX
Subdivision
Marshall Ter Add

Financial

Price
825000

Utilities

Sewer
Public Sewer
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cable Available

Listing Details

Listing Agent
Porfirio Segovia
Listing Office
Creative Real Estate Solutions LLC.
MLS #
21227705
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21227705

Listing agents

Listing AgentPorfirio SegoviaCreative Real Estate Solutions LLC.

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