3209 Norwalk Avenue, Dallas, Texas 75220

TX, Dallas
$850,000
  • 8 Beds
  • 8 Bath
  • 0.18 Acre
  • Residential Income Property Type
  • 1982 Year Built
  • Closed Status
Juan Carlos Cruz
Juan Carlos Cruz Texas Investment Properties
  • + 214-666-6062
  • Info@texasinvestment.properties
  • 15280 Addison Rd Suite 120 Addison
Property Description

VALUE ADD OPPORTUNITY! SELLER IS OPEN TO CREATIVE FINANCE. LOAN BALANCE IS 445K WITH A 4.75 INTEREST RATE. Seller would like 200-250k cash down, the remaining balance he is open to seller financing on a 30 year am with a 5 year balloon. Apartment complex for sale in a very desirable area in Dallas primed for growth. The complex has 8 total units, 4 on the first floor and 4 on the second floor. Fully leased at $975 each and all are on month-to-month leases. Owner pays water, trash, and exterior lights. Tenants are responsible for the interior lights and all other utilities. With exterior improvements, rent could easily be pushed to $1,025 per month based on neighboring comps. All leases, 2022 and 2023 financials, and utility bills are available in transaction desk.

Listing Information
  • Co List Agent Full Name: Brittney Kosev
  • Co List Agent Mls Id: 0709206
  • Co List Office Mls Id: BKRE01
  • Co List Office Name: BK Real Estate LLC
  • List Agent Mls Id: 0735232
  • List Office Mls Id: BKRE01
  • Listing Term: Cash,Conventional
  • Mls Status: Closed
  • Modification Timestamp: 2024-08-26T17:25:17Z
  • Originating System Name: NTR
  • Special Listing Conditions: Standard
  • Status Change Timestamp: 2024-08-26T12:18:19Z
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 20434816
  • Price: $850,000
  • Bathrooms: 8
  • Year Built: 1982
  • Lot Area: 0.18 Acre
  • Status: Closed
  • Listing Status: Closed
  • Close Date: 2024-08-23
  • Sale Price: 875000
  • Office Name: BK Real Estate LLC
  • Agent Name: Harrison Sharp
  • Full Bathrooms: 8
  • Property Sub Type: Apartment
  • Roof: Composition
Features
  • Swimming Pool None
  • Heating System Central, Electric
  • Cooling System Central Air, Ceiling Fan(s), Electric
  • Parking Assigned, Common
  • Utilities Sewer Available, Cable Available, Water Available
  • Flooring Other
  • Interior Features High Speed Internet, Cable TV
  • Sewer Public Sewer
Appliances
  • Dishwasher
  • Disposal
  • Electric Cooktop
  • Electric Oven
  • Electric Range
Address Map
  • Country US
  • State TX
  • County Dallas
  • City Dallas
  • Subdivision Marshall Terrace
  • Zipcode 75220
  • Street: Norwalk
  • Street Number: 3209
  • Street Suffix: Avenue
  • Longitude: W97° 7' 56''
  • Latitude: N32° 51' 42.8''
  • Directions: GPS.
Neighborhood
  • Elementary School: Foster
  • Elementary School District: Dallas ISD
  • High School: Jefferson
  • High School District: Dallas ISD
  • Middle Or Junior School District: Dallas ISD
  • Middle School: Cary
Additional Information
  • Water Source: Public
  • Building Size: 2568
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Levels: Two
  • Number Of Units Total: 8
  • Previous Price: 875000
  • Stories: 2
Financial
  • Tax Annual Amount: 14877.0

Advertisement

ad
ad
ad
ad
ad
ad
ad
previous arrow
next arrow

Blog

previous arrowprevious arrow
Slide
Key Strategies for Success in Real Estate Investment: Focus on the Buy-and-Hold Strategy

Real estate investment is a fascinating and lucrative field that has attracted many investors seeking growth opportunities and long-term wealth...

Slide
Buying A Home

Buying a home is an exciting and complex adventure. It can also be a very time-consuming and costly one

Slide
Get Pre Approved To Buy A Home

Buying a home is an exciting and complex adventure. It can also be a very time-consuming and costly one

Slide
How To Choose A Neighborhood For Your Home Search

Narrow your home search by identifying neighborhoods that are right for you.

Slide
Distressed Homes

Buying a distressed home can be very exciting or it can be quite a challenge for some people. We at Angel Realtors think that the whole process is quite an exciting project.

Slide
Owner Finance

If you would like to buy a home, you have cash saved up to put down as a down payment but you can NOT

Slide
FREE Foreclosure List

Are you looking for a Foreclosure home in Dallas Fort Worth? There are thousands of available Dallas Foreclosures!

next arrownext arrow

Similar Properties

MLS On The Fly