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Listing 25 out of 935
$2,995,000 For Sale

4230 McKinney Avenue
Dallas, TX 75205

18 units | Multi Family Home
14985 sq ft - MLS# 14041356
Property Photo

Description

4230 McKinney represents a once in a lifetime opportunity to own on McKinney Ave. This true value add opportunity is comprised of 18 spacious units sitting on 15, 000 square feet of land. The property is separately metered for electricity and has separate HVAC compressors. Bottom floor units have outdoor patios which garner more rent. Roll up your sleeves and implement a renovation program to obtain market rents which currently are grossly under market. The property is gated with secured access and walking distance to Knox, restaurants, and shops. Impeccable location and a crown jewel asset.

Features

  • Property Type: Multi Family Home
  • Sub Type: Apartment/5Plex+
  • Listing Status: Active
  • County/Area: Dallas County
  • Zip Code: 75205
  • Year Built: 1972
  • Subdivision/Neighborhood: Cockrell Fairland Rev
  • School District: Dallas ISD
  • Elementary School: Milam
  • Middle School: Spence
  • High School: North Dallas
  • Stories: 2
  • Units: 18 units
  • # of Parking Spaces: 18
  • Lot Size: 14985 sq ft
  • Area: DALLAS OAK LAWN (17), OAKLAWN (10)
  • Building Area Source: Tax
  • Construction Materials: Stucco
  • Country: United States
  • Flooring: Carpet
  • Foundation Details: Slab
  • Gross Annual Expenses: 131221
  • Gross Annual Income: 280434
  • Heating: Central Air-Elec, Central Heat-Gas
  • Insurance Expense: 10340
  • Lot Features: Interior Lot
  • Lot Number: 15
  • Lot Size Area SQFT: 14984.64
  • Lot Size Units: Acres
  • Net Annual Income: 149213
  • Number Of Buildings: 1
  • Occupancy Rate: 100
  • Other Equipment: Refrigerator
  • Parking Features: Front, Rear
  • SQFT Building: 9550
  • Utilities: City Sewer, City Water
  • Year Built Details: Preowned
Courtesy of Perry Guest Company

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Jo Antovoni

Jo Antovoni
Berkshire Hathaway HomeServices
PenFed Realty Texas
Dallas, TX 75225

972-679-6343
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