Description
Located in Historic Munger Place, 5211 Worth, is a great value-add investment opportunity!! Built in 1927, the property is one of the original apartment buildings in the Munger Place Historic District. This 8 unit apartment building has all the character and charm with original hard wood flooring, ornate built ins, fireplaces, mantels, and even a spot for your telephone. One unit has received a full upgrade with quartz countertops, new cabinets, new appliances, and updated bathrooms; receiving market rents. 5 units have received updates while keeping with the vintage charm; the other 2 units are classic units. Paint the exterior, fresh landscaping coupled with interior renovations to make this vintage building shine again. Property sits next door to Munger Park, the Garden Caf and perfectly situated in-between Downtown Dallas, Lower Greenville, Knox Henderson, Lakewood Shopping, White Rock Lake, and enjoy your walk on Historic Swiss Ave just two blocks north.
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8BEDS
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0.17ACRES
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8BATHS
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01/2 BATHS
Description
Located in Historic Munger Place, 5211 Worth, is a great value-add investment opportunity!! Built in 1927, the property is one of the original apartment buildings in the Munger Place Historic District. This 8 unit apartment building has all the character and charm with original hard wood flooring, ornate built ins, fireplaces, mantels, and even a spot for your telephone. One unit has received a full upgrade with quartz countertops, new cabinets, new appliances, and updated bathrooms; receiving market rents. 5 units have received updates while keeping with the vintage charm; the other 2 units are classic units. Paint the exterior, fresh landscaping coupled with interior renovations to make this vintage building shine again. Property sits next door to Munger Park, the Garden Caf and perfectly situated in-between Downtown Dallas, Lower Greenville, Knox Henderson, Lakewood Shopping, White Rock Lake, and enjoy your walk on Historic Swiss Ave just two blocks north.
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