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$6,500,000

Est. payment - /mo

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16 Beds

16 Baths

0.33 Acres Lot

Active

4047 Herschel Avenue #12 Units Total Dallas, TX 75219

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J. Monique Clark

monique@primerealtydfw.com +1(662) 590-6650

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Herschel Ave Condo

MLS Listing ID 20641732

Bedrooms 16

Full Baths 16

HOA Y/N None

Total Fin. Sqft 10492

Year Built 1981

Annual Tax Amount $8,353

Lot Size 0.329 Acres

Acres 0.329

Property Sub-Type Apartment

Property Description

Herschel Terrace is a rare multi-family opportunity on a corner lot approximately three blocks away from Highland Park. Technically this property is platted and parceled as 12 condo units but current owner owns all 12 and the entire property. Possibilities are endless providing a multitude of options from redevelopment on a corner lot, to selling the units individually, or just continue operating it like an apartment complex. There are two building each containing 6 units. There are 4 two bedroom two bath units and 8 one bedroom one bath units. On the parking lot side the end units have a common area basement containing a laundry room for the residents.

Location

State TX

County Dallas

Community Community Sprinkler, Laundry, Sidewalks

Direction Corner of Herschel and Douglas

Interior

Interior Features Built-in Features, Cable TV Available, Double Vanity, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Ceramic Tile, Combination, Hardwood, Luxury Vinyl Plank

Appliance Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Gas Water Heater, Refrigerator

Heat Source Central, Electric

Exterior

Exterior Feature Balcony, Courtyard, Covered Patio/Porch

Fence Wood

Community Features Community Sprinkler, Laundry, Sidewalks

Utilities Available Cable Available, City Sewer, City Water, Community Mailbox, Concrete, Curbs, Electricity Connected, Sidewalk

Roof Type Composition

Garage No

Building

Lot Description Corner Lot

Story Two

Foundation Combination, Slab

Level or Stories Two

Structure Type Brick,Fiber Cement,Siding,Wood

Schools

Elementary Schools Milam

Middle Schools Rusk

High Schools North Dallas

School District Dallas Isd

Others

Ownership Per Tax

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20641732

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by William Butler • Butler Property Company

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J. Monique Clark

Agent | License ID: 0783848

+1(662) 590-6650