5105 Vandelia Street, Dallas, Texas 75235

$1,995,000
10
BD
6,600
SqFt
List Price
$1,995,000
MLS#
20577008
Status
ACTIVE
Type
Multifamily
Year Built
1983
Construction Status
Preowned
Bedrooms
10
Full Baths
10
Acres
0.20
Living Area
6,600
County
Dallas
City
Dallas
Subdivision
Cedar Spgs Heights
Building Name
5105 Vandelia

Property Description

Introducing 5105 Vandelia—a prime 5-unit investment opportunity in Dallas. Built in 1983, each unit boasts 2 beds, 2 baths, and a two-car garage across 1320 sq ft. Recent renovations have modernized four units, featuring hardwood floors, quartz countertops, and updated bathrooms. Outdoor spaces include yards and balconies, with fresh exterior paint and new fencing. Rental rates are currently below market average, presenting potential for increased returns. Don't miss out on this lucrative asset in DFW thriving real estate market. Kindly avoid disturbing the tenants and direct any inquiries to the listing agent. Thank you.

Additional Information

Unexempt Taxes
$34,422
HOA
No HOA
Annual Insurance
5840
Total Annual Expenses
Insurance
Gross Annual Expenses
40262
Gross Annual Income
128400
Lot Size
8,755
Acres
0.20
Subdivided
No
Interior Features
Cable TV Available, Decorative Lighting, Flat Screen Wiring, Multiple Staircases
Flooring
Tile, Varies, Vinyl, Wood
Foundation
Slab
Roof
Composition
Street Utilities
Cable Available, City Sewer, City Water
Heating Cooling
Central
Construction Material
Brick, Siding
Parking Garage
Garage
Total Num Parking
10
School District
Dallas Isd
Elementary School
Maplelawn
Middle School
Rusk
High School
North Dallas
Possession
Closing/Funding
Building Sq. Ft.
6600
Number of bldgs.
2
Number of units
5
Occupancy Rate
100
Possession
Closing/Funding
Cap Rate
4.42

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 Jacob Stevenson from Compass RE Texas, LLC.. Contact: 469-367-2655