4412 Emerson Avenue, University Park, Texas 75205

$1,325,000
6
BD
List Price
$1,325,000
MLS#
13952136
Status
ACTIVE
Type
Multifamily
Year Built
1935
Construction Status
Preowned
Bedrooms
6
Full Baths
4
County
Dallas
Area
UNIVERSITY PARK/HIGHLAND PARK AREA (25)
City
University Park
Subdivision
Methodist University
Building Name
Emerson

Property Description

Fantastic investment opportunity. 4412&4414 is an updated, and well maintained duplex with two additional garage units. 4412 - leased through 5-2020 - hardwood through out, SS appliances. Hot water heater 2013, dishwasher 2016 & windows 2017. Driveway replaced 7.2018 as well as 28 piers around entire perimeter. Enclosed patio with new front door 2018. 4414 - leased through 5-2019 - hardwood through out and updated baths 2013. New dishwasher 2014 & hot water heater 2018. Upstairs garage, new dishwasher & oven 2017. Garage studio usually leases for $675mo but currently being used as storage and will be cleared out prior to closing. Wonderful neighborhood minutes from downtown.

Additional Information

Unexempt Taxes
$28,000
HOA
No HOA
Amenities
Fireplace
Annual Insurance
2200
Gross Annual Income
81900
Lot Dimensions
75x143
Lot Size
10,977
Acres
0.25
Lot Description
Interior Lot, Lrg. Backyard Grass
Subdivided
No
Interior Features
High Speed Internet Available, Window Coverings
Flooring
Ceramic Tile, Wood
Foundation
Pier & Beam
Roof
Tile/Slate
Stories
2
Fireplaces
2
Fireplace Type
Decorative
Street Utilities
City Sewer, City Water, Individual Gas Meter, Individual Water Meter, Master Gas Meter, Master Water Meter, Sidewalk
Heating Cooling
Central Air-Elec, Central Heat-Gas
Exterior
Deck, Guest Quarters
Construction Material
Frame/Brick Trim
Parking Garage
Assigned Garage, Assigned Spaces, Detached, Garage, Garage Door Opener
Total Num Parking
4
School District
Highland Park Isd
Elementary School
Bradfield
High School
Highland Park
Proposed Financing
Cash, Conventional
Building Sq. Ft.
4385
Number of bldgs.
2
Number of units
4
Occupancy Rate
100
Tenancy
Month to Month, No Smoking, No Waterbeds, Over 9 Months, Pet Restrictions, Pets Allowed, Written Application Only
Possession
Closing/Funding
Cap Rate
6.02

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Creekview Realty.