2308 BRITTON AVENUE, DALLAS, TX 75216

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2308 Britton Avenue

Dallas, TX 75216

Status of the property has changed, please contact for details

List Price$574,900

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21117989

6

Bedrooms

5 full

Bathrooms

2,780

Square Feet

5

Number of Units

Multi-Unit Residential

Type

About This Property

Prime 5-unit multifamily in the rapidly improving Cedar Crest corridor -- just 10 minutes to Downtown, Bishop Arts, and Trinity Groves. 100% Occupied (4 - 1bed, 1bath; 1 - 2bed, 1bath) ~2,780 total SF Unit 1 (Long-Term): $1,125. Unit 2 (Long-Term): $1,150. Unit 3 (Long-Term): $1,045. Unit 4 (Long-Term): $1,125. Unit 5 (Long-Term): $1,525. Owner Pays utilities (one electric meter & one water mater). However, seller willing to offer concessions for buyer to convert into separate meters. Contact listing agent for copies of monthly income. Listing expenses ($20,196) include: average monthly utilities, annual property taxes, management fees (~9%), & annual insurance. CAP RATE IMPROVES DRAMATICALLY IF METERS ARE SEPERATED.

Property Features

Location Information

County

Dallas

Subdivision

BRITTON ADDITION

Interior Features

Interior

Built-in Features

Cooling

Central Air

Full Baths

5

Floors

Laminate, Vinyl

Has Fireplace

No

Appliances

Dryer, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer

Heating

Natural Gas

Total Number of Units

5

Exterior Features

Stories

2

Pool Description

None

Construction

Brick, Concrete, Wood Siding

Lot Size in Acres

0.203

Foundation

Pillar/Post/Pier

Lot Size in Sq. Ft.

8,850

Roof

Shingle

Lot Dimensions

50' x 182'

Water / Sewer

Electricity Available, Water Available

Buildings

2

Utilities

Electricity Available, Water Available

Building Total Area (Sq. Ft.)

2,780

Parking Description

Common, Concrete, No Garage

Is One Story

No

School

Elementary School District

Dallas ISD

Jr. High School

Oliver Wendell Holmes

Elementary School

Miller

High School

Roosevelt

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Year Built

1925

Lot Acres Source

Appraiser

Similar Listings

Mortgage Calculator

$2,684

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,071

Monthly Tax

$479

Monthly Insurance

$134

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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