$500,000
For Sale

3525 Colonial Avenue

Dallas, TX 75215
3811 sqft | 6 beds | 6 baths | 0.15 acres | #21066946
Browse 24 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

Excellent opportunity to buy an affordable 6-plex very close to downtown. Well maintained property with excellent tenants and payment history. Rents could be increased when leases end to create an even better return. Recent infrastructure work on 45 and 310 plus real estate development in the Forest Theatre District and the Cedars makes this prime to buy now. Roof replaced in 2019; renovations in each unit throughout the last few years. Most of the units have been converted to ceramic tile floors. Reach out with questions!

  • Property Details
      • Utility FeaturesSewer Available, Water Available, Cable Available
      • CoolingCeiling Fans, Electric, Wall Window Units
      • InteriorHigh Speed Internet, Cable Tv
      • Property Subtype AdditionalSingle Family Residence
      • Parking FeaturesCommon, Parking Lot
      • SubdivisionErvay Street Heights
      • Parcel Number00000143329000000
      • FoundationPillar Post Pier
      • Sewer InformationPublic Sewer
      • RoofComposition
      • School DistrictDallas ISD
      • Property SubtypeApartment
      • Structure TypeApartment
      • HeatingElectric
      • Property TypePurchase
      • MLS #21066946
      • MLS #21066946
      • High SchoolMadison
      • Utility SourcePublic
      • Elementary SchoolDunbar
      • CountyDallas
      • Taxes Annual$8,760
      • Cost500000
      • Acres0.148
      • Square Feet3811
      • Year Built1964
      • Middle SchoolDade
      • Bedrooms6
      • Bathrooms6
      • Full Baths6
      • Days on Market (Cumulative)1

Location

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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