5504 Tremont Street

Dallas, TX 75214
$400,000
4 beds | 2 baths | 0.17 acres | #20807940

Description

INVESTORS - This up down duplex sits on a 7500 plus SF lot with a double garage in the Junius Heights historical District. Originally a 2 bed, 1 bath per floor. New wiring upstairs with drywall in 3 rooms.Additional piers are already in place for significant expansion of downstairs unit. Vacant for 15 years approximately 3 quarters is completely gutted to the shiplap making it a blank canvas. Zoned a duplex w 2 meters and 2 electric panels it can also be converted to a single family. The perfect buyer for this home is a person who's passionate about preservation of historical areas, who can make this a stellar income producing property located just mins to downtown.The building has open joists in places but were all completely replaced ~2009. Seeking a buyer to transform it into her original glory as the sellers could not find the time. Original porch was removed & partial living space housed in expansion that was on exterior piers. Foundation is very solid and completely rebuilt and the roof is new of 2012. Just mins to downtown, WRL, Lakewood shopping this duplex is just waiting for your vision. Garage floor was lifted and redone 2009 additionally. Property is sold as is no exceptions.Physical number on home is 5506. Tax rolls legal description 5504. Feel free to request video of original floor plan which is helpful to understand layout for 1 unit up & 1 unit down.
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  • Property Details
      • Interior:Other
      • Bedrooms:4
      • Bathrooms:2
      • Full Baths:2
      • Lot description:Interior Lot
      • Acres:0.1734
      • Parking spaces:2
      • Property type:Multi-Family
      • Year built:1912
      • Foundation:Pillar/Post/Pier
      • Utility features:City Sewer, City Water, Electricity Available, Electricity Connected
      • Subdivision:Junius Heights
      • School district:Dallas ISD
      • Elementary School:Lipscomb
      • County:Dallas
      • MLS #:20807940
      • Cost:400000
      • Property subtype:Duplex
      • MLS #:20807940

Location

Phil HillReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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