435 W 9th St, Dallas, TX 75208
- $2,750,000
- 18
- BD
- 16
- BA
- List Price
- $2,750,000
- Status
- ACTIVE
- MLS#
- 21318003
- Bedrooms
- 18
- Bathrooms
- 16
- Lot Size
- 5,270
- Building Name
- West 9th Condos
Property Description
16-unit condominium portfolio, one block from Bishop Arts. 15 of 16 units leased on 12–24 month terms with zero month-to-month exposure. $244,800 gross scheduled income at full stabilization. 6.9% cap rate at asking price of $2,750,000. Individually metered utilities. Tankless water heaters throughout. Full renovation complete with no deferred maintenance, and no capital requirements at closing. OM available in the transaction desk. This is for 435 and 439 W 9th St.
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Additional Information
- Taxes
- $15,749
- Year Built
- 1925
- Parking Spaces
- 10
- Interior Features
- Eat-In Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Multiple Staircases, Open Floor Plan, Walk-In Closet(s)
- Roof
- Composition, Shingle
- Appliances
- Dishwasher, Electric Oven, Refrigerator
- School District
- Dallas Isd
- Elementary School
- Reagan
- High School
- Adamson
- Middle School
- Garcia
- Sewer
- Public Sewer
- Stories
- 2
- Street Name
- W 9th St
- Street Number
- 435
- Water
- Public
- Acres
- 0.12
- County
- Dallas
- Foundation
- Slab
- Heating
- Other
- Lot Description
- Corner Lot
Mortgage Calculator
Listing courtesy of Rachael Gray Smith from Compass RE Texas, LLC. Contact: 432-413-6370