1931 N Prairie Ave, Dallas, TX 75204

$2,300,000
10
BD
15
BA
8,292
SqFt

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List Price
$2,300,000
MLS#
21424166
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2019
Construction Status
Preowned
Bedrooms
10
Full Baths
10
Half Baths
5
Acres
0.19
Living Area
8,292
County
Dallas
City
Dallas
Subdivision
ACS 0.191
Building Name
1931 N Prairie

Property Description

A new investment opportunity to the market (new photos coming, but wanted to get the property into the market asap). 1931 North Prairie is a 100% leased five unit complex with a five year history of proven income in a high demand area. This property consistently attracts and retains quality tenants, with a location second to none. It sits just minutes from Uptown, Downtown, West Village, Klyde Warren Park, the Arts District, Central Expressway, SMU, major hospitals, Lower Greenville, and some of Dallas’s best shopping, dining and entertainment. Each of the five units is a two-bedroom, 2.5-bath residence with tall ceilings, open-concept design, abundant natural light, real wood floors, and contemporary kitchens. Both bedrooms have ensuite baths, and washers and dryers are included. A private two-car garage opens directly into each unit, providing the highest security and convenience. And the building design and corner location provide easy access to each garage, with a more spacious feeling to the property than most five unit properties in the area. And a secured, fenced, artificial turf-covered courtyard gives pet owners a rare amenity. Hold all five as a rental portfolio or pursue individual unit sales. Airbnb and short-term rentals are allowed. For an investor who wants a turnkey multifamily asset in a prime Dallas location, this is an outstanding opportunity.

Additional Information

Lot Size
8,319
Acres
0.19
Interior Features
Decorative Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Multiple Primary Suites, Multiple Staircases, Open Floor Plan, Other, Pantry, Cable TV, Walk-In Closet(s)
Flooring
Tile, Wood
Foundation
Slab
Roof
Composition
Pool Features
None
Exterior
Balcony, Courtyard, Lighting
Garage Spaces
10
Parking Garage
Additional Parking, Direct Access, Garage - Single Door, Garage Faces Front, Garage, Garage Door Opener, Inside Entrance, Shared Driveway, Garage Faces Side
School District
Dallas Isd
Elementary School
Chavez
Middle School
Spence, Piedmont Global Academy
High School
North Dallas
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Bruce Yamini from The Michael Group. Contact: 214-505-2781

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.

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