5503 MARTEL AVENUE, DALLAS, TX 75206
Homes for sale in Dallas.
Homes for sale in 75206.
5503 Martel Avenue
Dallas, TX 75206
List Price$995,000
Listing #20674497
5
Bedrooms
3 full
Bathrooms
3,263
Square Feet
3
Number of Units
Multi-Unit Residential
Type
About This Property
Fully leased all 3 units! $6575 monthly gross rent. 1940s Austin Stone TRIPLEX, situated on a .21 acre corner lot, is an exceptional find. Located within walking distance to SMU, Mockingbird Station, and Glencoe Park, this property is 100% occupied and has undergone extensive updates throughout. Features include hardwood floors, granite countertops, fresh bright interior paint. All HVAC systems updated within the last 8 years, with one being brand new. Roof replaced in 2021. A 2-car garage, an additional 2-car carport, a full sprinkler system, and a fenced backyard for each unit with outdoor access. There is shared storage and a laundry room for two units, while one unit has its own washer and dryer. Don't miss this outstanding investment opportunity! All 3 units are long term tenants with renewed leases ending May 30, 2025.
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