5503 Martel Avenue
Glencoe Park, Dallas, TX 75206
$995,000
Description
5503 Martel Avenue,
Dallas,
TX
75206
Fully leased all 3 units! $6575 monthly gross rent. 1940s Austin Stone TRIPLEX, situated on a .21 acre corner lot, is an exceptional find. Located within walking distance to SMU, Mockingbird Station, and Glencoe Park, this property is 100% occupied and has undergone extensive updates throughout. Features include hardwood floors, granite countertops, fresh bright interior paint. All HVAC systems updated within the last 8 years, with one being brand new. Roof replaced in 2021. A 2-car garage, an additional 2-car carport, a full sprinkler system, and a fenced backyard for each unit with outdoor access. There is shared storage and a laundry room for two units, while one unit has its own washer and dryer. Don't miss this outstanding investment opportunity! All 3 units are long term tenants with renewed leases ending May 30, 2025.
This is an Active listing.
Broker Office Phone Number: 972-677-9172
Copyright © 2024North Texas Real Estate Information Systems, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Dishwasher
- Fireplace(s)
- Garbage Disposal
- Tile Flooring
- Wood Floors
- 1 Fireplace
- Washer / Dryer
- Composition Shingle Roof
- Driveway
- Garage
Listing By: BK Real Estate LLC via Data Source: North Texas Real Estate Information Systems, Inc.
Price History
| date | price | variance | type |
|---|
| 9/25/2024 | $995,000 | 5.24 % | decreased |
| 7/30/2024 | $1,050,000 | - | Listed |
listing agent: Peter Mester
