3525 Colonial Ave, Dallas, TX 75215

$475,000
6
BD
6
BA
1,989
SqFt

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List Price
$475,000
MLS#
21309010
Status
ACTIVE
Type
Condo
Subtype
ResidentialIncome
Year Built
1964
Construction Status
Preowned
Bedrooms
6
Full Baths
6
Acres
0.15
Living Area
1,989
County
Dallas
City
Dallas
Subdivision
Ervay Street Heights
Building Name
Ervay Street Heights

Property 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!

Additional Information

Unexempt Taxes
$8,760
Lot Size
6,446
Acres
0.15
Interior Features
High Speed Internet, Cable TV
Flooring
Hardwood, Tile
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
2
Pool Features
None
Parking Garage
Common, Parking Lot
School District
Dallas Isd
Elementary School
Dunbar
Middle School
Dade
High School
Madison
Possession
CloseOfEscrow, Negotiable

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Matt Templeton from Keller Williams Urban Dallas. Contact: 972-677-3991