7474 Fair Oaks Avenue, Dallas, Texas 75231

$2,200,000
List Price
$2,200,000
MLS#
13885605
Status
ACTIVE
Type
Multifamily
Year Built
1986
Construction Status
Preowned
County
Dallas
Area
DALLAS NORTHEAST (18)
City
Dallas
Subdivision
Fair Oaks Manor
Building Name
Fair Oaks Manor

Property Description

14 unit complex in 2 buildings adjacent to Emmett Conrad High School consists of 6 1-1 units, 6 2-2 units, and 2 3-2 units with 1-car garage for each unit. All units have at least 1 balcony. Rents range from $785 to $1350. Some are due for rent increase. Great upward potential.

Additional Information

Unexempt Taxes
$29,160
HOA
No HOA
Amenities
Fireplace
Annual Insurance
15640
Gross Annual Expenses
100300
Gross Annual Income
185900
Lot Size
25,221
Acres
0.58
Lot Description
Adjacent to Greenbelt
Subdivided
No
Interior Features
Multiple Staircases, Window Coverings
Flooring
Carpet, Ceramic Tile, Laminate, Vinyl
Foundation
Slab
Roof
Composition
Stories
3
Fireplaces
1
Fireplace Type
Wood Burning
Street Utilities
City Sewer, City Water, Community Mailbox, Curbs, Master Water Meter
Heating Cooling
Central Air-Elec, Central Heat-Elec
Exterior
Balcony, Deck, Patio Covered, Patio Open
Construction Material
Brick, Siding
Parking Garage
Assigned Garage, Assigned Spaces, Covered
Total Num Parking
35
School District
Dallas Isd
Elementary School
Jack Lowe Sr
Middle School
Anderson
High School
Conrad
Proposed Financing
Cash, Conventional
Building Sq. Ft.
15277
Number of bldgs.
2
Number of units
14
Occupancy Rate
71
Possession
Closing/Funding
Cap Rate
3.89
Community Features
Greenbelt

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

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