About 3209 Norwalk Avenue
VALUE ADD OPPORTUNITY! Apartment complex for sale in a very desirable area in Dallas primed for growth. The complex has 8 total units, 4 on the first floor and 4 on the second floor. Fully leased at $975 each and all are on month-to-month leases. Owner pays water, trash, and exterior lights. Tenants are responsible for the interior lights and all other utilities. With exterior improvements, rent could easily be pushed to $1,025 per month based on neighboring comps. All leases, 2022 and 2023 financials, and utility bills are available in transaction desk.
Features of 3209 Norwalk Avenue
| MLS® # | 20434816 |
|---|---|
| Price | $875,000 |
| Bedrooms | 8 |
| Bathrooms | 0.00 |
| Full Baths | 8 |
| Acres | 0.18 |
| Year Built | 1982 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 3209 Norwalk Avenue |
|---|---|
| Subdivision | Marshall Terrace |
| City | Dallas |
| County | Dallas |
| State | TX |
| Zip Code | 75220-4829 |
Amenities
| Utilities | Cable Available, City Sewer, City Water |
|---|---|
| Parking Spaces | 8 |
| Garages | Assigned, Common |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, High Speed Internet Available |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Dallas ISD |
|---|---|
| Elementary | Foster |
| Middle | Cary |
| High | Jefferson |
Financial Information
| HOA | None |
|---|---|
| Tax Unexempt | $14,877 |
Listing Details
| Agent | Harrison Sharp |
|---|---|
| Office | BK Real Estate LLC |