Versatile Multi-Unit Property with Income Potential in the Heart of Dallas! Discover a thoughtfully transformed property offering a rare combination of flexible living arrangements and income-producing potential. This unique property features a two-story duplex with two 2-bedroom, 1-bath units, plus a separate 1-bedroom, 1-bath ADU in the backyard—creating multiple opportunities… Read More for investors, multigenerational households, or buyers looking to offset their housing costs with rental income. The property has undergone a thorough transformation, including fresh interior and exterior paint, updated flooring, a beautifully renovated upstairs kitchen and bathroom, and new plumbing downstairs. The improvements provide a refreshed foundation while preserving the property's versatility and income potential. The duplex is currently occupied by two long-term tenants, providing established rental income and a strong foundation for an investor. The detached ADU is currently being utilized as an Airbnb, offering an additional income stream and the flexibility to accommodate guests, extended family, a home office, or other personal needs. For multigenerational living, the layout offers the ability to create separation and privacy while keeping loved ones close. For investors, the combination of two long-term rental units and a separately utilized ADU creates multiple avenues for income. The unfinished attic space adds even more potential for future expansion, subject to buyer verification and applicable requirements. With its recent improvements, multiple living spaces, and flexible income-producing options, this property offers an exceptional opportunity to create a customized living arrangement or expand an investment portfolio in Dallas. Read Less
Courtesy of TK Realty, Sean Hassard.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Duplex
Beds
7
Full Baths
3
Lot Size
0.18 Acres
Year Built
1921
MLS Number
21396253
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1921, Year Built Details: Preowned, 1 building, Levels: Two
Cooling
CentralAir, Electric
Disclosures
AccessoryDwellingUnit
Exterior Features
PrivateYard
Fence
Wood
Floors
Wood
Foundation
PillarPostPier
Heating
Central
Income
Gross Income: $43,776, Net Operating Income: $43,776
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