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Property Description

Motivated seller offer $5k in repair credits. Quadplex with additional value-add potential within 2 miles of the growing Bishop Arts District. Situated in Winnetka Heights, the property features all 1 bed, 1 bath units with wood floors. Three out of 4 units are updated with granite countertops, kitchen backsplash, two-tone paint, and more. Roof replaced in 2021. Unit A is a long term tenant since 2011, while Unit D is vacant, providing an opportunity for a new owner to bring rents up to market or live in one unit. When including utility and pet income, total gross rents are as follows: Unit A ($1,270), Unit B ($1,460), and Unit C ($1,510). Tenants pay for their own electricity and are billed back $75 for water, sewer and trash. There is potential to explore adding one more unit or an onsite laundry facility for additional income by converting the garage. Property also has a spacious backyard for tenants to enjoy. See Transaction Desk for Rent Roll, repairs, seller expenses and survey.

Features
: Central, Electric
: Wood Burning
: Security Lights
: Composition
: Wood
: Wood
: Pillar/post/pier
: High Speed Internet Available, Granite Counters
Address Map
US
TX
Dallas
Dallas
75208
315
Rosemont
Avenue
315 S Rosemont
W97° 9' 6.4''
N32° 44' 33.5''
S
Additional Information
From 35E, go West onto W Twefth St, then North onto S Rosemont. Property will be to your left.
$15,707
: City Sewer, City Water, Cable Available
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GSFREA LLC
0680452
Schools
Sunset
Greiner

315 S Rosemont Avenue

Dallas, Texas 75208

4 Bedrooms
4 Bathrooms
0.18 Acre
$760,000
MLS #20650854
Basic Details
Status : Active
Bedrooms : 4
Bathrooms : 4
Property Type : Residential Income
Lot Size : 0.18 Acre
Price : $760,000
Year Built : 1930
MLS : 20650854
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Corporate Office
Mount Pleasant
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