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32.81547 -96.77645

5425 Melrose Avenue Dallas, TX 75206

242111535 32.81547 -96.77645 169 /listing/242111535-150201198/5425-melrose-avenue-dallas-tx-75206 False 0 1595000.0 5600 105 6 14112788 False
  • $1,595,000
  • 6 bd
  • 6 full ba
  • 2 half ba
  • 5,600 sqft
  • Est payment $8562.3/mo

Property & Neighborhood Info

Courtesy Of Coldwell Banker Realty

Multi-Family in Dallas

Opportunity to own New Construction Modern building in great Dallas location 5425 & 5427 Melrose. Potential $140,000 annual income. 100% occupied, over 6% cap rate. Very quiet street yet walk-able to great dining, entertaining & shopping. Simple & Elegant design with clean lines and high quality materials throughout. Highly energy efficient home with foam insulation. Open concept living extended sight lines to large back yard. Master bedroom with balcony, 2 other beds & game room (or office) with balcony on 2nd floor. Beautiful rooftop deck, great entertaining space, with views of Downtown Dallas. Includes builders warranty.

Courtesy Of Coldwell Banker Realty
  1. 6 Beds
  2. 6 Full Bath
  3. 2 Half Bath
  4. 5,600 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 2019
  • Floors: 2
  • Full Bath: 6
  • Half Bath: 2
  • School District: Geneva Heights
  • School District2: Long
  • School District3: Wilson
  • School District: Dallas ISD
  • County: Dallas County
  • Units: 2
  • Subdivision: Vickery Place
  • MLS Number:14112788

Additional Features

  • Flooring:
    • CERAMIC TILE
    • WOOD
  • Interior Features:
    • CABLE TV AVAILABLE
    • DECORATIVE LIGHTING
    • Flat Screen Wiring
    • HIGH SPEED INTERNET AVAILABLE
  • Appliances:
    • BUILT-IN ICEMAKER
    • BUILT-IN MICROWAVE
    • BUILT-IN REFRIGERATOR/FREEZER
    • CONVECTION OVEN
    • COOKTOP - GAS
    • DISHWASHER
    • DISPOSAL
    • OVEN-GAS
    • PLUMBED FOR GAS IN KITCHEN
    • Refrigerator
    • VENT MECHANISM
    • WATER LINE TO REFRIGERATOR
  • Fireplace:
    • Gas Starter
  • Construction:
    • BRICK
  • Construction Status:
    • New Construction - Complete
  • Property Subtype:
    • MUL-Full Duplex
  • Property Type:
    • Multi-Family
  • Roof:
    • Composition
  • Foundation:
    • Slab
  • Exterior Features:
    • BALCONY
    • Covered Deck
    • COVERED PORCH(ES)
    • LIGHTING SYSTEM
    • Outdoor Living Center
    • Roof Top Deck/Patio
    • SPRINKLER SYSTEM
  • Fencing:
    • WOOD
  • Lot Features:
    • Interior Lot
    • Landscaped
    • Lrg. Backyard Grass
    • Some Trees
    • Subdivision
  • Pool:
    • N
  • Parking:
    • Attached
    • Outside Entry
  • Parking Spaces:
    • 4
  • Heating:
    • CENTRAL AIR-ELEC
    • CENTRAL HEAT-GAS
  • Utilities:
    • City Sewer
    • City Water
  • Security Features:
    • Burglar
    • Carbon Monoxide Detector
    • Exterior Security Light(s)
    • Smoke Detector
  • Number of Buildings:
    • 1
  • Showing Instructions:
    • ShowingTime-CSS
  • Divisible:
    • No
  • Gross Income:
    • 120000
  • Net Operating Income:
    • 102000
  • Annual Expenses:
    • 15000
  • HOA:
    • None
  • Cap Rate:
    • 6.39
  • Complex Name:
    • Melrose
  • Lot Number:
    • 24
  • MLS:
    • North Texas Real Estate Information Systems
  • No. of Fireplaces:
    • 1
  • Possession:
    • Closing/Funding
  • Tax ID:
    • 0
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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Sandy Luedke
Sandy Luedke
Broker
2200 Morriss Road, Suite 300 Flower Mound TX 75028
32.81547 -96.77645

5425 Melrose Avenue Dallas, TX 75206

242111535 32.81547 -96.77645 169 /listing/242111535-150201198/5425-melrose-avenue-dallas-tx-75206 False 0 1595000.0 5600 105 6 14112788 False
  • $1,595,000
  • 6 bd
  • 6 full ba
  • 2 half ba
  • 5,600 sqft
  • Est payment $8562.3/mo