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5211 Worth Street

Dallas, TX 75214
  • $1,250,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 20052296
$1,250,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1927
County:
Area:

School Information

High School:
School District:
Offered by Matteo Faeth of Texmass Equity Partners, Llc.

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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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or DFW Select Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than DFW Select Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-28T23:39:52.98.
www.dfwselectrealty.com/homes/128536682
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5211 Worth Street Dallas, TX 75214

  • Price: $1,250,000
  • Status: Active
  • On Site: 18 Days
  • MLS #: 20052296
8
Beds
8
Baths
0
½ Baths
0.17
Acres
1927
Built
Neighborhood:
Munger Place
County:
Dallas
Area:
Dallas
High School:
North Dallas
School District:
Dallas ISD
Property 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.
Exterior Features

Carport Spaces 0 Construction Brick Covered Spaces 0 Exterior Features Dog Run Fencing Wood Foundation Pillar/Post/Pier Lot Description Corner Lot Lot Size Source Assessor Parking Or Garage Other Parking Spaces 5 Pool On Property No Roof Composition

Interior Features

Appliances DishwasherDisposalGas RangeRefrigerator Attached Garage No Cooling Window Unit(S) Fireplace Features Gas Fireplaces 8 Flooring Ceramic TileHardwood Garage No Handicap YN No Heating Fireplace InsertSpace Heater Interior Features Built-In Features

Property Features

Alarm Or Security Type Security GateSecurity Lights Building Area Source Assessor Building Area Total 5376.00 Complex Name N/A Construction Status Preowned Gross Annual Expenses 59094.00 Gross Annual Income 124604.00 HOA None Insurance Expense 7250 Levels Two List MLSProvider Metrotex Association Of Realtors Municipal Utility District No Net Operation Income 65510 Operating Expense Includes InsuranceMaintenanceMaintenance GroundsMaintenance StructureManagerNew TaxPest ControlSuppliesUtilitiesVacancy AllowanceWater/Sewer Possession Closing/Funding Property Type Multi Family Tenancy Month To Month Unexempt Taxes 16883 Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or DFW Select Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than DFW Select Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-28T23:39:52.98.
 
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DFW Select Realty
920 S Main St Ste 125
Grapevine TX, 76051
Offered by Matteo Faeth of Texmass Equity Partners, Llc.