$995,000
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5503 Martel Avenue Dallas, TX 75206
Triplex
Residence
5
Beds
3
Baths
3,263
Sq. Ft.
0.21
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Back on market due to buyers financing falling through. 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% occu...pied 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.
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MLS#
20674497
Property Type
Triplex
Bedrooms
5
Bathrooms
3 Full
Year Built
1948
Square Feet
3,263
sq. ft
Lot Size
0.21
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