About 4112 Junius Street
This 4,284 square-foot, fully leased four-plex presents an excellent investment opportunity with an estimated 7.3% cap rate, based on month-to-month leases with normalized rents. The property has been extensively renovated, including updates to the electrical system (four meters), plumbing (one water meter), roof, foundation, and central HVAC. Interior improvements feature new cabinetry, millwork, flooring, and windows. Additionally, the property includes a tiny home at the rear, which can serve as an office, and a three-car garage for tenants. Strategically located just off Interstate 30, the property is situated in a densely residential area near Baylor Scott & White Hospital and various retail establishments. The landlord conducts monthly inspections to ensure proper maintenance of each unit.
Features of 4112 Junius Street
| MLS® # | 20866406 |
|---|---|
| Price | $949,000 |
| Bathrooms | 0.00 |
| Acres | 0.23 |
| Year Built | 1924 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 4112 Junius Street |
|---|---|
| Subdivision | Peaks Sub |
| City | Dallas |
| County | Dallas |
| State | TX |
| Zip Code | 75246-1427 |
Amenities
| Utilities | City Sewer, City Water, Electricity Available, Electricity Connected |
|---|---|
| Parking Spaces | 4 |
| # of Garages | 3 |
| Garages | Driveway, Garage, On Site |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Other |
|---|---|
| Heating | Central |
| Fireplace | No |
Exterior
| Roof | Other |
|---|---|
| Construction | Brick |
| Foundation | Pillar/Post/Pier |
School Information
| District | Dallas ISD |
|---|---|
| Elementary | Zaragoza |
| Middle | Long |
| High | North Dallas |
Financial Information
| HOA | None |
|---|---|
| Tax Unexempt | $13,738 |
Listing Details
| Agent | Ross Miller |
|---|---|
| Office | M&D CRE, LLC |
| Contact Info | 972-772-6025 |