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Address
5969 Lewis Street Dallas, TX
Price
$ 995,000
Property Attributes
  • MLS#14186805
  • TypeMulti-Family
  • CountyDALLAS
  • CityDallas
  • AreaEAST DALLAS
  • NeighborhoodOram Homestead Add
  • Zip75206
  • StyleMUL-Apartment/5Plex+
  • Year Built1986
  • Taxes13488
  • Price$ 995,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5010
  • Lot Size7,231 SqFt
Listing Provided Courtesy Of:
Keith Auten with Auten Realty LLC
Property Description

Calling all investors! Fully renovated, 1986 built, Class-B asset in hot Lower Greenville area. Offered at a 16.76% IRR and tax-adjusted 5.69% Cap rate. All unit utilities are individually metered and paid by the tenants. Parking is off-street and gated. Each unit has W-D connections. Short walk to Whole Foods, many popular bars, noteworthy restaurants and boutique stores. It has a walk score of 75. One unit is currently operated as Airbnb but could have market rate lease quickly.

Elementary School Middle School High School
Geneva Heights Elementary School Long Middle School Wilson High School
Price History
9/17/2019 Listed $995,000

General Features

# of Buildings 1
Block A1878
Complex Name Lewis St Apts.
HOA Type None
Listing Area DALLAS EAST (12)
Lot Number 5
Other Equipment Dishwasher, Oven-Electric
Property Type Multi-Family
Proposed Financing Cash, Conventional
School District Dallas ISD
School Name Geneva Heights
School Name Wilson
Stories 3
Sub Area EAST DALLAS (11)
Subdivision Oram Homestead Add
Tenancy Over 9 Months
Type MUL-Apartment/5Plex+
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14186805
Year Built 1986
Year Built Details Preowned

Interior Features

# of Units 8
Flooring Ceramic Tile, Laminate
Heating Central Air-Elec, Central Heat-Elec
Interior Features Cable TV Available, High Speed Internet Available, Multiple Staircases
Occupancy Rate 100
Sqft Building 5010
Total Bedrooms 8
Utilities City Sewer, City Water, Individual Water Meter

Exterior Features

Construction Materials Stucco
Fencing Automatic Gate, Metal, Wood
Foundation Slab
Lot Size Area 0.166
Lot Size Area (acres) 0.166
Lot Size Area (sq Ft) 7230
Lot Size Units Acres
Number Of Parking Spaces 8
Parking Features Unassigned Spaces

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 75206

Price
AVG $1.4M
$1,000K
Taxes
AVG $17,394
$13,488
Visits
AVG 156
28
Year Built
AVG 1958
1986
Walkscore
AVG 77
75
Data Provided by Walkscore ® not using MLS data

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