401 N Polk Street, Dallas, Texas 75208

  • $620,000
401 N Polk Street, Dallas, Texas 75208

Overview

Property ID: 8829787
  • Residential Income
  • Property Type
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • 2352.00
  • Sqft
  • 1923
  • Year Built

Description

This airbnb home has been updated to modern standards that allows it to be a cash cow on airbnb. Since 2020 this home has brought in $291,000 in revenue. It can be sold as is to keep the listing and airbnb going or it can be put back on the market as a two separate unit rental. Either way the home is in a high demand area and has had all the heavy lifting items taken care of such as the flooring, many electrical and plumbing upgrades. There is a private entrance to the upstairs if you want to split the leases.
The owner upgraded the home in many ways but the one thing that really makes this property succeed is the location. It is only minutes away from the fastest growing area in Dallas right now. Bishop Arts is pulling in all sorts of people that are willing to pay a high rent to be close to the action. Here is your chance to get into a Muti family in this hot area for a competitive price.
Look up house hacking and you will see this home is perfect for that strategy.

  • Address 401 N Polk Street
  • City Dallas
  • State/county Texas
  • Zip/Postal Code 75208
  • Area George J Bryans Rev
  • Country United States

Details

Updated on August 12, 2023 at 5:52 am
  • Property ID: 8829787
  • Price: $620,000
  • Property Size: 2352.00 Sqft
  • Land Area: 0.1170 Acres
  • Bedrooms: 5
  • Bathrooms: 3
  • Year Built: 1923
  • Property Type: Residential Income
  • Property Status: For Sale
  • MLS#: 20404763
  • Office Name: DREAM TEAM LEASING AND REALTY
  • Agent Name: Sean Ray
  • MLS Status: Active

Additional details

  • Listing Terms: 1031 Exchange,Cash,Conventional,FHA,FHA-203K,VA Loan
  • School District: Dallas ISD
  • Roof: Composition
  • Utilities: City Sewer,City Water
  • Cooling: Ceiling Fan(s),Central Air,Electric
  • Heating: Central,Natural Gas
  • Flooring: Wood
  • County: Dallas
  • Property SubType: Duplex
  • Parking: Concrete
  • Elementary School: Rosemont
  • Middle School: Greiner
  • High School: Sunset

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