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About This Home
This 18-bedroom, 16-bathroom multi-family at 435 W 9th Street in Dallas, TX is listed for $2,750,000. Built in 1925, on a 0.12 acres lot.
16-unit condominium portfolio, one block from Bishop Arts. 15 of 16 units leased on 12-24 month terms with zero month-to-month exposure. $244,800 gross scheduled income at full stabilization. 6.9% cap rate at asking price of $2,750,000. Individually metered utilities. Tankless water heaters throughout. Full renovation complete with no deferred maintenance, and no capital requirements at closing. OM available upon request.
Key Features
- Built in 1925
- 0.12 acre lot
- 2 stories
- 10 parking spaces
Property Details
Monthly Cost Estimate
$14,908/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
435 W 9th Street
Dallas, TX 75208
Dallas Land & Loan 02
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Appliances
Questions & Answers
This 18-bedroom, 16-bathroom multi-family at 435 W 9th Street is listed at $2,750,000. The estimated monthly payment is $12,117 based on 20% down at 6.5% interest.
HOA fees are $200/month.
Key features include: Built in 1925, 0.12 acre lot, 2 stories, 10 parking spaces. Interior Features: EatInKitchen, GraniteCounters, HighSpeedInternet.
This property is listed by Rachael Gray Smith and can be reached at (214) 814-8100 or jrene.walker@compass.com.
