4230 Mckinney Avenue Dallas, TX 75205

$2,995,000  
0.34 Acres On Site: 70 Days
Built: 1972
4230 Mckinney Avenue Dallas, TX 75205 - MLS#14041356 Photo 1
4230 McKinney represents a once in a lifetime opportunity to own on McKinney Ave. This true value add opportunity is comprised of 18 spacious units sitting on 15,000 square feet of land. The property is separately metered for electricity and has separate HVAC compressors. Bottom floor units have outdoor patios which garner more rent. Roll up your sleeves and implement a renovation program to obtain market rents which currently are grossly under market. The property is gated with secured access and walking distance to Knox, restaurants, and shops. Impeccable location and a crown jewel asset.
Status:Active
Property Type:Apartment/5plex+
MLS #:14041356
Year Built:1972
On Site:70 Days
Lot Size:0.34 Acres

Mike Pannell

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Detailed Maps

Community Information

Address:4230 Mckinney Avenue Dallas, TX 75205
County:Dallas
City:Dallas
Zip Code:75205

School Information

School System:Dallas ISD
High School:North Dallas
Middle School:Spence
Elementary School:Milam

Architecture

Year Built:1972
Stories:2
Construction Materials: Stucco
Foundation Details: Slab
Parking Features: Front, Rear

Features / Amenities

Flooring: Carpet
Heating: Central Air-Elec, Central Heat-Gas

Property Features

Lot Size: 0.34 Acres
Lot Features: Interior Lot
Waterfront: No
Lot Number: 15
Utilities: City Sewer, City Water
Directions:North on Mckinney from Fitzhugh. Property is on the right hand side.

Tax and Financial Info

Capitalization Rate: 4.98
Gross Annual Expenses: 131221
Gross Annual Income: 280434
Net Annual Income: 149213
Insurance Expense: 10340

Listing Office

Listing provided courtesy of Perry Guest, Perry Guest Company.

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Listing Information Last Updated 5/20/2019
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NTREIS data last updated 5/20/2019.

Property Summary:

Home for sale at .

Description: The property at 4230 Mckinney Avenue Dallas, TX 75205 in the Cockrell Fairland Rev subdivision with the MLS# 14041356 is currently listed for $2,995,000 and has been on the market for 69 days.

GeoCoordinates:

32.8170702
-96.7901001

Listing Price: $2,995,000

You are viewing the MFRMLS listing details of the home for sale at 4230 Mckinney Avenue Dallas, TX 75205, which features 0 bedrooms and 0 bathrooms, and 0 sq.ft. of living area.