Dallas, TX 75220,3209 Norwalk Avenue
$850,000
Est.Price: ?

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8 BD
8 BA
7,927 Sqft Lot

3209 Norwalk Avenue Dallas, TX 75220

Est. payment /mo
SOLD DATE : 08/23/2024

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Marshall Terrace

MLS Listing ID 20434816

Sold Date 08/23/24

Bedrooms 8

Full Baths 8

HOA Y/N None

Total Fin. Sqft 2568

Year Built 1982

Annual Tax Amount $14,877

Lot Size 7,927 Sqft

Acres 0.182

Property Description

VALUE ADD OPPORTUNITY! SELLER IS OPEN TO CREATIVE FINANCE. LOAN BALANCE IS 445K WITH A 4.75 INTEREST RATE. Seller would like 200-250k cash down, the remaining balance he is open to seller financing on a 30 year am with a 5 year balloon. Apartment complex for sale in a very desirable area in Dallas primed for growth. The complex has 8 total units, 4 on the first floor and 4 on the second floor. Fully leased at $975 each and all are on month-to-month leases. Owner pays water, trash, and exterior lights. Tenants are responsible for the interior lights and all other utilities. With exterior improvements, rent could easily be pushed to $1,025 per month based on neighboring comps. All leases, 2022 and 2023 financials, and utility bills are available in transaction desk.

Location

State TX

County Dallas

Direction GPS.

Interior

Interior Features Cable TV Available, High Speed Internet Available

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Other

Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range

Heat Source Central, Electric

Exterior

Utilities Available Cable Available, City Sewer, City Water

Roof Type Composition

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Foster

Middle Schools Cary

High Schools Jefferson

School District Dallas Isd

Others

Ownership See Tax

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Harrison Sharp • BK Real Estate LLC
Bought with Porfirio Segovia • Creative Real Estate Solutions LLC.

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Meredith Johnson

Agent | License ID: 995690239

+1(318) 426-6120

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