Dallas, TX 75219 4047 Herschel Avenue # 12 Units Total
$6,500,000
10 more
- MLS# 20641732
- 06/17/2024
Presented By: William Butler with Butler Property Company; 214-641-9400
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 16
Baths • 16
Year Built • 1981
Home Details
Herschel Terrace is a rare multi-family opportunity on a corner lot approximately three blocks away from Highland Park. Technically this property is platted and parceled as 12 condo units but current owner owns all 12 and the entire property. Possibilities are endless providing a multitude of options from redevelopment on a corner lot, to selling the units individually, or just continue operating it like an apartment complex. There are two building each containing 6 units. There are 4 two bedroom two bath units and 8 one bedroom one bath units. On the parking lot side the end units have a common area basement containing a laundry room for the residents.
Presented By: William Butler with Butler Property Company; 214-641-9400
Interior Features for 4047 Herschel Avenue # 12 Units Total
Bedrooms
Total Bedrooms16
Bathrooms
Half Baths0
Total Baths16
Other Interior Features
Fireplaces Total0
FlooringCarpet, Ceramic Tile, Combination, Hardwood, Luxury Vinyl Plank
Interior FeaturesBuilt-in Features, Cable TV Available, Double Vanity, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
Lock Box TypeNone
Occupancy Rate98
Total Units12
Unit Count2
Window FeaturesWindow Coverings
General for 4047 Herschel Avenue # 12 Units Total
# of Buildings2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Gas Water Heater, Refrigerator
Capitalization Rate0.00
Carport Spaces
CityDallas
Community FeaturesCommunity Sprinkler, Laundry, Sidewalks
Complex NameHerschell Terrace
Construction MaterialsBrick, Fiber Cement, Siding, Wood
CoolingCeiling Fan(s), Central Air, Electric
CountyDallas
DirectionsCorner of Herschel and Douglas
Elementary SchoolMilam
Elementary School NameMilam
Full Baths16
Gross Annual Expenses0.00
HOA TypeNone
HeatingCentral, Electric
High SchoolNorth Dallas
Insurance Expense
LevelsTwo
Listing Terms1031 Exchange, Cash, Conventional
Number of Garage Spaces0
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding, Lease Outstanding
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
School DistrictDallas ISD
Standard StatusActive
StatusActive
Subdivision NameHerschel Ave Condo
TenancyOver 9 Months, Pet Restrictions, Written Application Only
Unexempt Taxes8353
Unit Number12 Units Total
UtilitiesCable Available, City Sewer, City Water, Community Mailbox, Concrete, Curbs, Electricity Connected, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1981
Year Built DetailsPreowned
Exterior for 4047 Herschel Avenue # 12 Units Total
Attached Garage Y/NNo
Building Area Total10492.00
Covered Spaces
Exterior FeaturesBalcony, Courtyard, Covered Patio/Porch
FencingWood
Foundation Combination, Slab
Garage Y/NNo
Lot FeaturesCorner Lot
Lot Size Acres0.3290
Lot Size Area0.3290
Lot Size Square Feet14331.2400
Lot Size UnitsAcres
Number Of Parking Spaces13
Parking FeaturesCommon, On Site, Open, Parking Lot
Patio And Porch FeaturesDeck
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Milam Elementary School
Middle School
N/A
High School
N/A
Suzanne Smith
Broker/Owner