Dallas, TX 75246 4808 Junius Street
$650,000


Presented By: Paul Sanders with Compass RE Texas, LLC; 817-366-8331
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Grand 4-plex in the historic district of Peaks Addition with tons of upside potential upon future cosmetic updates. The floorplans for each unit are super efficient and mirror each other with 1 bedroom and 1 bathroom. The den and kitchen are sizable making for a comfortable respite away from the busy city life. Large windows throughout each unit invites lots of natural light. The two lower units boast cute front porches for relaxing and watching the world go by. Carport on-site provides covered parking for 4 vehicles. Three of the units are on a 6-month lease and one unit is month-to-month which is ideal for investors who want to upgrade the property to maximize rent potential. The month-to-month unit is the downstairs unit on the right and is ideal for a buyer who would like to live on-site and use the rent from the other three units to off-set the mortgage. Only 1 unit can be shown prior to executed contract. Remaining units are in similar condition and can be shown once executed contract in place. Do not disturb or take pictures of tenants. Peaks Addition is one of Dallas' first established neighborhoods and offers wonderful architecture throughout. There is currently lots of development all around the area which will no doubt bolster values over time making this 4-plex a stellar investment. Vacant lot next door at 4812 Junius also for sale under separate MLS# 20949991 and can be purchased together or separately with the 4-plex.
Presented By: Paul Sanders with Compass RE Texas, LLC; 817-366-8331
Interior Features for 4808 Junius Street
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
Basement Y/NNo
FlooringWood
Interior FeaturesCable TV Available
Lock Box TypeOther
Total Units4
Unit Count4
General for 4808 Junius Street
# of Buildings1
AppliancesRefrigerator
Capitalization Rate2.90
Carport Spaces4
CityDallas
Community FeaturesJogging Path/Bike Path, Park, Playground, Sidewalks, Tennis Court(s)
Complex Name4808 Junius St.
Construction MaterialsBrick
CoolingCentral Air, Electric
CountyDallas
DirectionsSee GPS
Elementary SchoolZaragoza
Elementary School NameZaragoza
ExclusionsTenant personal belongings and items secured/bolted to the walls. Consult listing agent for items that do not convey.
Full Baths4
Gross Annual Expenses35541.00
HOA TypeNone
HeatingCentral
High SchoolNorth Dallas
Insurance Expense4087
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
School DistrictDallas ISD
Special NotesHistorical
Standard StatusActive Under Contract
StatusActive Option Contract
Subdivision NameTJ RODGERS
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1924
Year Built DetailsPreowned
Exterior for 4808 Junius Street
Building Area Total4220.00
Covered Spaces4
FencingGate, Wood, Wrought Iron
Foundation Pillar/Post/Pier
Garage Y/NNo
Lot FeaturesFew Trees, Landscaped
Lot Size Acres0.1618
Lot Size Area7050.0000
Lot Size Dimensions48ftx140ft
Lot Size Square Feet7050.0000
Lot Size UnitsSquare Feet
Number Of Parking Spaces4
Parking FeaturesCarport, On Site, On Street, Parking Lot
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
High School
N/A
Elementary School
Zaragoza Elementary School

Suzanne Smith
Broker/Owner