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$1,500,000

Beds
Unknown
sq ft
9,750

4425 Swiss Ave, Dallas, TX 75204

4425 Swiss Ave

Dallas, TX 75204

  • 3 days on market
At Crest Manor on Swiss, tenants enjoy easy access to popular restaurants and attractions in Dallas, with close proximity to Lower Greenville, Uptown, Deep Ellum, White Rock Lake, and Downtown Dallas. The offering consists of 10 units with an attractive mix of spacious studio, one-bedroom and two-bedroom units. The property has had the same ownership for over 20 Years and offers various value add opportunities including increasing rents through unit upgrades, selling off units as a condominium conversion, or converting to short or mid-term rentals. Property also includes washer and dryer hookups in each unit. Recent renovations include exterior hallway update, resealed parking lot, and new exterior paint. When including all fees (pet, CAM, trash, etc ...) plus base rent, studios average $1,045 per month, 1 bedrooms $1,449 and 2 bedrooms $1,570. Landlord covers gas, water and trash. See Transaction Desk for the OM. Reach out to agent for financials.

Details

Property type

Apartment

Lot size

0.286 acres

Price per sq ft

$154

Year built

1916

Annual property taxes

$29,832

Price History

11/01/2024
NTREIS

NTREIS #20768853

Listed
$1,500,000
07/23/2024
NTREIS

NTREIS #20618301

Removed
05/15/2024
NTREIS

NTREIS #20618301

Listed
$1,450,000

Schools & Community

Neighborhood: 

Northeast Dallas

Elementary school: 

Chavez

Middle school: 

Spence

High school: 

North Dallas

School district: 

Dallas ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Texas Security Bank

Loan start date

September 2022

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

5.54%

Loan type

Not Provided

Seller

Craig P Power and Cpp 5X5 Trust

Lender

William Chu

Loan start date

January 1994

Original loan amount

$89,650

Est. remaining balance

Not provided

Interest rate

6.84%

Loan type

Commercial, 10 year

Seller

Craig Power

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/05/2024 at 6:25 AM

Listing updated: 11/02/2024 at 12:13 PM

Listed by: Esther Cho, GSFREA LLC Phone #: (214) 206-9559

MLS: NTREIS #20768853

NTREIS logo

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