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$588,000

Est. payment - /mo

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4 Beds

4 Baths

5,488 Sqft Lot

Active

400 Lansing Street Dallas, TX 75203

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J. Monique Clark

TDRealty

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

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Oak Cliff Original

MLS Listing ID 20939786

Bedrooms 4

Full Baths 4

HOA Y/N None

Total Fin. Sqft 2408

Year Built 1945

Annual Tax Amount $4,558

Lot Size 5,488 Sqft

Acres 0.126

Property Sub-Type Duplex

Property Description

Cap Rate is 14.3% and a GRM of 7! Location, location! Less than 5 Minutes from Downtown Dallas! It doesn't get much better than this. Located near the much-desired neighborhood of Bishop Arts, come experience the best of Dallas! 400 & 402 Lansing Street. Fully Furnished and Currently Being Used for Short-Term rentals. Average Monthly Income $7500. 2 bedrooms 2 FULL Bathrooms on Each Side 2023 Updates – Rebuilt on Slab Foundation, Interior Redone Including Electric Wiring and Panel, Separate Electric Meters for Each Unit, Fixtures, Plumbing, Tankless Water Heaters, Windows, HVAC, Interior Walls & Doors, Flooring & Roof. 2024 Updates – Smart Thermostat System, Smart Door Locks, Sount & Loud Noise Monitor System, Smoke Detector System, Updated Security Cameras & Home Security. Fully equipped Kitchens with beautiful features such as a spacious layout, quartz countertops, and a kitchen island with seating. Welcome to your home away from home! If you're looking to explore everything from unique boutiques, restaurants, bars, and coffee shops to one-of-a-kind galleries and more, you've come to the right place! Conveniently located within walking distance to Bishop Arts, you'll find yourself overlooking downtown Dallas. Home to unique boutiques, restaurants, bars, coffee shops, and galleries, this is one of the most unique and coveted districts to be in! Settle in and spend some quality time with some of your favorite people! The Lansing Property Financials are in Documents.

Location

State TX

County Dallas

Direction From south on 35 take the 8th Street exit to the right. Continue on 8th street past Marsalis to Lansing. Make a right on Lansing Street. 400 Lansing St will be on your right.

Interior

Interior Features Cable TV Available

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile

Appliance Dishwasher, Disposal

Heat Source Central

Exterior

Utilities Available Cable Available, City Sewer, City Water

Roof Type Composition,Shingle

Garage No

Building

Story Two

Foundation Pillar/Post/Pier, Slab

Level or Stories Two

Structure Type Fiber Cement

Schools

Elementary Schools James

Middle Schools Garcia

High Schools Adamson

School District Dallas Isd

Others

Ownership See Agent

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20939786

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

Listed by Terri McCoy • Keller Williams Legacy

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J. Monique Clark

Agent | License ID: 0783848

+1(662) 590-6650