For Sale
4027 Kernack Street, Dallas, Texas 75211
Overview
Property ID: 7454237
- Residential Income
- 12
- 4
- 5916.00
- 1948
Description
INVESTORS ONLY. Sold as a package of 4 full duplexes, including 4022 Walker St, 4026, Walker St, and 4036 Walker St. As is. Excellent value-add opportunity in an up & coming Oak Cliff location with land values on the rise. Month-to-month leases with long-term tenants in place. Utilities are separately metered for each unit and paid by tenants. One unit has been partially updated and is currently vacant for renovation. With full updates, rents could be increased substantially. Several new builds on Walker. This could be a great opportunity for redevelopment. See the OFFERING MEMORANDUM in documents for pro forma income & expense projections. Projected cap rate is 7.84%
Address
Open on Google Maps- Address 4027 Kernack Street
- City Dallas
- State/county Texas
- Zip/Postal Code 75211
- Area Bentley
- Country United States
Details
Updated on August 1, 2023 at 1:23 am- Property ID: 7454237
- Price: $950,000
- Property Size: 5916.00 Sqft
- Land Area: 0.1770 Acres
- Bedrooms: 12
- Bathrooms: 4
- Year Built: 1948
- Property Type: Residential Income
- Property Status: For Sale
- Living Area: 5916.00
- MLS#: 20391216
- Office Name: COMPASS RE TEXAS, LLC.
- Agent Name: Abigail Davis
- MLS Status: Active
- Living Area Prefix: Sqft
Additional details
- Listing Terms: Cash
- School District: Dallas ISD
- Roof: Composition
- Utilities: City Sewer,City Water,Individual Gas Meter,Individual Water Meter,Natural Gas Available
- Cooling: Other
- Heating: Other
- Flooring: Other
- County: Dallas
- Property SubType: Multi Family
- Parking: Off Street,Other
- Elementary School: Donald
- Middle School: Zan Wesley Holmes
- High School: Kimball
Features
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