Dallas, TX 75203 2401 Berwick Avenue
$1,700,000


Presented By: Mark Allen with Onyx Legacy Realty LLC;
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
This multi-family property at 2401 Berwick Avenue presents a prime investment opportunity for discerning buyers seeking to maximize their return on investment. With a strong rental history and significant potential for increased rental income, this property offers a lucrative avenue for long-term financial growth and wealth accumulation.
Enjoy a stable and consistent income stream with this well-maintained multi-family property. The current tenants provide a reliable source of rental income, ensuring steady cash flow and financial security for the future. This property is an ideal choice for investors looking to secure a dependable and appreciating asset in a thriving market.
Situated in a desirable and growing location, this property holds immense potential for value appreciation. With strategic renovations, updated amenities, or rent adjustments, there is ample opportunity to enhance the property's market value and increase rental revenue. The location's strong demand for housing further solidifies the property's ability to deliver sustained profitability and long-term success. Don't miss out on this exceptional investment prospect. Act now to capitalize on the future growth and profitability potential of 2401 Berwick Avenue. Secure your foothold in a competitive market and take the next step toward financial success with this prime multi-family property.
Presented By: Mark Allen with Onyx Legacy Realty LLC;
Interior Features for 2401 Berwick Avenue
Bedrooms
Total Bedrooms16
Bathrooms
Total Baths16
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesOther
General for 2401 Berwick Avenue
Additional Parcels Y/NNo
AppliancesElectricCooktop
Attached Garage No
Cap Rate6.15
Carport Y/NNo
CityDallas
Construction MaterialsBrick, Frame, WoodSiding
CoolingWindowUnits
CountyDallas
DirectionsGPS
Electric On Property Y/NNo
Elementary SchoolMills
Elementary School DistrictDallas ISD
Full Baths16
Garage Y/NNo
Gross Income165817.0
HOANo
HeatingCentral
High SchoolRoosevelt
High School DistrictDallas ISD
Home Warranty Y/NNo
Insurance Expense20000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCORINTH HEIGHTS BLK 7/5897 & PT BLK 4606 ACS
LevelsTwo
Lot Size Square Feet27312.12
Lot Size UnitsAcres
Middle/Junior High SchoolZumwalt
Middle/Junior School DistrictDallas ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-03-13T01:10:56.233-00:00
Net Operating Income104510.0
New ConstructionNo
Number Of Units Total16
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameCorinth Heights
Tax Annual Amount27321.0
UtilitiesSewerAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1951
Year Built DetailsPreowned
Exterior for 2401 Berwick Avenue
Building Area Total3960.0
Crops Included Y/NNo
Foundation DetailsPillarPostPier
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.627
Lot Size Area0.627
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAsphalt
SpaNo
Total Parking24.0
Water SourcePublic
Additional Details
Price History
Schools
High School
Roosevelt High School
Elementary School
Mills Elementary School
Middle School
Zumwalt Middle School

Suzanne Smith
Broker/Owner