4638 Live Oak Street, Dallas, Texas 75204

$1,150,000
List Price
$1,150,000
MLS#
14230820
Status
ACTIVE
Type
Multifamily
Year Built
1927
Construction Status
Preowned
Acres
0.33
County
Dallas
Area
DALLAS EAST (12)
City
Dallas
Subdivision
M N Bakers
Building Name
N/A

Property Description

Located on a hard corner in Old East Dallas, 4638 and 4630 Live Oak represent an 8 unit apartment building and a 7 bedroom residential hotel, respectively. Combined the properties are over 15,000 square feet of zoned MF- 2 land and over 6,500 square feet of value add building. Built in the 1927 with all the character and charm, 4638 Live Oak features 8 large and spacious efficiency units. Renovate the kitchens and bathrooms, and refinish the floors to see a great return on your investment. 4630 Live Oak is a zoned residential hotel built in 1918. Constructed in the craftsman style architecture, the home has 7 rooms with a common kitchen and full bathrooms upstairs and down.

Additional Information

Unexempt Taxes
$10,379
HOA
No HOA
Annual Insurance
7188
Gross Annual Expenses
67880
Gross Annual Income
127160
Lot Size
14,374
Acres
0.33
Subdivided
No
Handicap Yn
Yes
Interior Features
Multiple Staircases
Flooring
Wood
Foundation
Pier & Beam
Roof
Other
Stories
2
Street Utilities
City Sewer, City Water
Heating Cooling
Space Heater, Window Unit
Construction Material
Stucco
Parking Garage
Common Lot
Total Num Parking
15
School District
Dallas Isd
Elementary School
Chavez
Middle School
Spence
High School
North Dallas
Building Sq. Ft.
6512
Number of bldgs.
2
Number of units
15
Possession
Closing/Funding
Cap Rate
5.15

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 Perry Guest Company.