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Views - New Construction - Eco Friendly
Address
5425 Melrose Avenue Dallas, TX
Price
$ 1,650,000
Property Attributes
  • MLS#14112788
  • TypeMulti-Family
  • CountyDALLAS
  • CityDallas
  • AreaEAST DALLAS
  • NeighborhoodVickery Place
  • Zip75206
  • StyleMUL-Full Duplex
  • Price$ 1,650,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage5600
Listing Provided Courtesy Of:
Lee Lamont with Coldwell Banker Residential
Property Description

Opportunity to own New Construction Modern building in great Dallas location 5425 & 5427 Melrose. Potential $132,000 annual income. 100% occupied, almost 6% cap rate. Very quiet street yet walk-able to great dining, entertaining & shopping. Simple & Elegant design with clean lines and high quality materials throughout. Highly energy efficient home with foam insulation. Open concept living extended sight lines to large back yard. Master bedroom with balcony, 2 other beds & game room (or office) with balcony on 2nd floor. Beautiful rooftop deck, great entertaining space, with views of Downtown Dallas.

Elementary School Middle School High School
Geneva Heights Elementary School Long Middle School Wilson High School
Price History
6/11/2019 Listed $1,595,000

General Features

# of Buildings 1
Block 30/1949
Complex Name Melrose
HOA Type None
Listing Area DALLAS EAST (12)
Lot Number 24
Other Equipment Built-in Icemaker, Built-in Microwave, Built-in Refrigerator/Freezer, Convection Oven, Cooktop - Gas, Dishwasher, Disposal, Oven-Gas, Plumbed For Gas in Kitchen, Refrigerator, Vent Mechanism
Property Type Multi-Family
School District Dallas ISD
School Name Wilson
School Name Geneva Heights
Stories 2
Sub Area EAST DALLAS (11)
Subdivision Vickery Place
Type MUL-Full Duplex
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14112788
Year Built 2019
Year Built Details New Construction - Complete

Interior Features

# of Units 2
Fireplace Gas Starter
Fireplaces Total 1
Flooring Ceramic Tile, Wood
Heating Central Air-Elec, Central Heat-Gas
Interior Features Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available
Occupancy Rate 100
Sqft Building 5600
Total Bedrooms 3
Unit Count 2
Utilities City Sewer, City Water

Exterior Features

Construction Materials Brick
Exterior Balcony, Covered Deck, Covered Porch(es), Lighting System, Outdoor Living Center, Roof Top Deck/Patio, Sprinkler System
Fencing Wood
Foundation Slab
Lot Description Interior Lot, Landscaped, Lrg. Backyard Grass, Some Trees, Subdivision
Lot Size Area 0.000
Lot Size Area (acres) 0.000
Lot Size Units Acres
Number Of Parking Spaces 4
Parking Features Attached, Outside Entry

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 75206

Price
AVG $1.59M
$1.65M
Visits
AVG 131
83
Year Built
AVG 1957
2019
Walkscore
AVG 79
81
Data Provided by Walkscore ® not using MLS data

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