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Listing 2 out of 1,102
$1,595,000 For Sale

5425 Melrose Avenue
Dallas, TX 75206

2 units | Multi Family Home
0 sq ft lot - MLS# 14112788
Property Photo
1/35

Description

Opportunity to own New Construction Modern building in great Dallas location 5425 & 5427 Melrose. Potential $132, 000 annual income. 100% occupied, almost 6% cap rate. Very quiet street yet walk-able to great dining, entertaining & shopping. Simple & Elegant design with clean lines and high quality materials throughout. Highly energy efficient home with foam insulation. Open concept living extended sight lines to large back yard. Master bedroom with balcony, 2 other beds & game room (or office) with balcony on 2nd floor. Beautiful rooftop deck, great entertaining space, with views of Downtown Dallas.

Features

  • Property Type: Multi Family Home
  • Sub Type: Full Duplex
  • New Construction: Y
  • Listing Status: Active
  • County/Area: Dallas County
  • Zip Code: 75206
  • Year Built: 2019
  • Subdivision/Neighborhood: Vickery Place
  • School District: Dallas ISD
  • Elementary School: Geneva Heights
  • Middle School: Long
  • High School: Wilson
  • Stories: 2
  • Units: 2 units
  • Bedrooms: 3
  • Full Baths: 3
  • Half Baths: 1
  • # of Parking Spaces: 4
  • Fireplace: Gas Starter, 1
  • Lot Size: 0 sq ft lot
  • Baths: 4
  • Area: DALLAS EAST (12), EAST DALLAS (11)
  • Building Area Source: Building Plan
  • Complex Name: Melrose
  • Construction Materials: Brick
  • Country: United States
  • Exterior Features: Balcony, Covered Deck, Covered Porch(Es), Lighting System, Outdoor Living Center, Roof Top Deck/Patio, Sprinkler System
  • Fencing: Wood
  • Flooring: Ceramic Tile, Wood
  • Foundation Details: Slab
  • Gross Annual Expenses: 15000
  • Gross Annual Income: 120000
  • Heating: Central Air-Elec, Central Heat-Gas
  • Insurance Expense: 2400
  • Interior Features: Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available
  • Lot Features: Interior Lot, Landscaped, Lrg. Backyard Grass, Some Trees, Subdivision
  • Lot Size Units: Acres
  • Net Annual Income: 102000
  • Number Of Buildings: 1
  • Occupancy Rate: 100
  • Other Equipment: Built-In Icemaker, Built-In Microwave, Built-In Refrigerator/Freezer, Convection Oven, Cooktop - Gas, Dishwasher, Disposal, Oven-Gas, Plumbed For Gas In Kitchen, Refrigerator, Vent Mechanism, Water Line To Refrigerator
  • Parking Features: Attached, Outside Entry
  • Roofing: Composition
  • SQFT Building: 5600
  • Security Features: Burglar, Carbon Monoxide Detector, Exterior Security Light(S), Smoke Detector
  • Unit Count: 2
  • Utilities: City Sewer, City Water
  • Year Built Details: New Construction - Complete
Courtesy of Coldwell Banker Residential

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Jo Antovoni

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

972-679-6343
Contact Me

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