5925 Belmont, Dallas, Texas 75206

$425,000
4
BD
List Price
$425,000
MLS#
13814017
Status
ACTIVE
Type
Multifamily
Year Built
1926
Construction Status
Preowned
Bedrooms
4
Full Baths
2
County
Dallas
Area
DALLAS EAST (12)
City
Dallas
Subdivision
Belmont Sub
Building Name
Na

Property Description

Cute duplex! Extra large 50'x200' Lot on iconic Belmont Ave, in the Belmont Conservation District. M Streets area, just a couple of blocks off Greenville Ave. 2 bed 1 bath each side. Currently occupied to long-term tenants at below-market rents. Property has some updates, but DOES need work & upgrades to bring to full potential. Or, scrape and rebuild. Leases kept month to month, so either rent change or 30 day vacate notices can be issued. Spacious wide street, alley access in rear.

Additional Information

Unexempt Taxes
$7,966
HOA
No HOA
Amenities
Fireplace
Gross Annual Income
2050
Lot Dimensions
50 x 200
Lot Size
9,801
Lot Description
Interior Lot
Subdivided
Yes
Interior Features
Cable TV Available, High Speed Internet Available, Window Coverings
Flooring
Carpet, Ceramic Tile, Wood
Foundation
Slab
Roof
Composition
Stories
1
Fireplace Type
Decorative
Street Utilities
Alley, City Sewer, City Water, Concrete, Curbs
Heating Cooling
Central Air-Elec, Central Heat-Gas
Exterior
Gutters, Storage Building
Construction Material
Vinyl Siding
Parking Garage
Front, Rear
Total Num Parking
4
School District
Dallas Isd
Elementary School
Leerobert
Middle School
Long
High School
Wilson
Proposed Financing
Cash, Conventional, FHA
Building Sq. Ft.
1632
Number of bldgs.
1
Number of units
2
Occupancy Rate
100
Tenancy
Month to Month
Possession
Closing/Funding
Cap Rate
0.48

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of C. W. Sparks Management.