5918 Ross Avenue, Dallas, Texas 75206

$2,950,000
24
BD
List Price
$2,950,000
MLS#
14225965
Status
ACTIVE
Type
Multifamily
Year Built
2011
Construction Status
Preowned
Bedrooms
24
Full Baths
12
Acres
0.34
County
Dallas
Area
DALLAS EAST (12)
City
Dallas
Subdivision
Ross Ave Heights
Building Name
Palm Terrace

Property Description

This 12 unit multi-family property is 100% occupied. 5918 Ross A-F & 5922 Ross A-F. Each unit features 2 bedrooms, 1 full bath and 1 half bath each, 2 car garages and rooftop patios. Living areas feature fireplaces, Juliette balconies and handscraped hardwood floors. Kitchen features include pantry storage, plenty of cabinet space, stainless appliances and gas cooktops. Walking distance to Greenville avenue shops and restaurants, including Trader Joes. All interior finishes are similar to those in the photos of a previously vacant unit. Each unit is similar in style although there are variations in granite and wood floor stain colors.

Additional Information

Unexempt Taxes
$65,403
HOA
No HOA
Amenities
Fireplace
Annual Insurance
7767
Gross Annual Expenses
112910
Gross Annual Income
257800
Lot Size
14,984
Acres
0.34
Lot Description
Landscaped, No Backyard Grass
Subdivided
No
Interior Features
High Speed Internet Available, Window Coverings
Flooring
Carpet, Wood
Foundation
Slab
Roof
Composition
Stories
3
Fireplaces
12
Fireplace Type
Gas Starter
Street Utilities
City Sewer, City Water, Community Mailbox, Individual Gas Meter, Master Water Meter
Heating Cooling
Central Air-Elec, Central Heat-Elec
Exterior
Roof Top Deck/Patio
Construction Material
Brick, Stucco
Parking Garage
Attached, Garage, Opener
Total Num Parking
24
School District
Dallas Isd
Elementary School
Roberts
Middle School
Long
High School
Wilson
Building Sq. Ft.
13464
Number of bldgs.
2
Number of units
12
Occupancy Rate
100
Tenancy
Month to Month, No Smoking, No Sublease, No Waterbeds, Pets Allowed
Possession
Closing/Funding
Cap Rate
4.91

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Local Dwelling.