4716 Sycamore

Dallas, TX 75204
  • $2,795,000

    Price
  • 0

    Bed
  • Bath
  • 14,750

    SqFt

About the Listing TEXE01 - 0619346,0645546

Dallas Property Advisors, LLC is pleased to announce the exclusive listing of The Sycamore Tree Condominiums. Nestled in the residential neighborhood of Peak’s Suburban subdivision in Old East Dallas, 4716 Sycamore is a 21-unit multifamily complex. Each unit is separately deeded giving flexibility to the buyer in their exit strategy. Units are very spacious, averaging over 700 square feet and offer a variety of 1 and 2-bedroom floor plans. The building has central heating cooling, separate electric meters, ample parking, a spacious courtyard, and much more. Tenants love this subdivision because it is in a quiet neighborhood and close to Downtown, Knox Henderson, Lower Greenville, and Uptown. The value lies in renovating the remaining units and getting all units to market. Additionally, there is currently no RUBS program which should be implemented to off set costs of the utilities. Lastly, there are two empty maintenance storage rooms on the 3rd floor that could be converted into locker storage for additional income. There is also an attractive Freddie Mac non-recourse loan that a buyer can potentially assume at an interest rate of 4.54, 30-year amortization, and a maturity date of January 2039. Or the property can be purchased free and clear of debt.

Listing Highlights for 4716 Sycamore

Status Active
Days on Site 124
Property Type Multi-Family
MLS ® 20963553
Year Built 1972
Total Square Footage 14,750
Lot/Acreage 0.48
County Dallas
Neighborhood Old East Dallas
School District Dallas ISD
Elementary School Chavez
Middle School Spence
High School North Dallas

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances: Electric Range, Refrigerator
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Ceramic Tile,Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Multiple Staircases,Walk-In Closet(s)
  • Water:

Exterior Details

  • Lot Description: Interior Lot
  • Garage Capacity: N/A
  • Parking Spaces: 29
  • Roof: Shingle
  • Others: Preowned
  • Sewer:
  • Parking Features: Common

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00C70750000A00101
  • Tax Year: N/A

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4716 Sycamore Dallas, TX 75204

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