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+12146971742
King Realty
5108 Manett St, Dallas, TX 75206
- $785,000
- 6
- BD
- 4
- BA
- List Price
- $785,000
- MLS#
- 21401696
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1950
- Construction Status
- Preowned
- Bedrooms
- 6
- Full Baths
- 4
- Acres
- 0.23
- County
- Dallas
- City
- Dallas
- Subdivision
- Bon View Place
Property Description
Prime multi-family investment and high-yield redevelopment opportunity in sought-after Vickery Place, just steps from Lower Greenville and Henderson Avenue. Situated on a 50 x 200 lot (10,000 SF) zoned MF-2(A), offering versatile options: hold for immediate rental income, renovate for premium value-add cash flow, or redevelop (preliminary design studies suggest a 7-unit townhome yield).The property consists of two detached structures totaling 3,102 SF:• Front Single-Story Duplex (5108 & 5110 Manett): 831 SF each, 1 Bed + 1 Bath layouts.• Rear Two-Story Duplex (5108 half & 5110 half Manett): 720 SF each, flexible 2-room + 1 Bath flats. Gross potential income is $5,600 per month ($67,200 per year) based on historical as-is rates ($1,600 per mo front units; $1,200 per mo rear units). Three units are delivered vacant for immediate renovation, re-leasing, or project commencement. Rear lower unit (5108 half) is occupied month-to-month. Property conveys strictly As-Is. Architectural floor plans, site plans, and survey available upon request.
Additional Information
- Unexempt Taxes
- $15,097
- Lot Size
- 10,018
- Acres
- 0.23
- Lot Description
- Irregular Lot, Trees, Subdivision
- Interior Features
- Multiple Staircases, Cable TV
- Flooring
- Tile, Wood
- Foundation
- Block, Pillar/Post/Pier
- Roof
- Composition
- Stories
- 2
- Pool Features
- None
- Exterior
- Balcony
- Garage Spaces
- 4
- Parking Garage
- Paved, Driveway, None, Off Street, Tandem
- School District
- Dallas Isd
- Elementary School
- Geneva Heights
- Middle School
- Long
- High School
- Woodrow Wilson
- Possession
- CloseOfEscrow, SubjectToTenantRights
- Community Features
- Curbs, Sidewalks
Mortgage Calculator
Listing courtesy of Miguel Ramirez from Allie Beth Allman & Assoc.. Contact: 214-336-5113
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
Last updated: