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Listing provided courtesy of Randall Garrett Real Estate- MLS# 21267196MLS ProviderContact Information: Ana Garrett - 817-475-4644

1506 Vermont AvenueDallas, TX 75216

Multi-Family · 4 Beds · 2 Full Baths · 1,672 Sq. ft. | 0.16 Acres
$275,000 Active

1506 Vermont Avenue Overview

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This is a 2-unit income-producing property featuring a front unit with 2 bedrooms and 1 bathroom, and a separate ADU offering 2 bedrooms and 1 bathroom as well. Both units are currently leased, generating a combined $2,500 per month in rental income. This setup provides steady cash flow and is ideal for investors seeking a turnkey opportunity with strong rental performance.

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1506 Vermont Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,672
  • Price/Sq.ft. $164
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Dallas ISD
  • Elementary School: Cedar Crest
  • High School: Roosevelt

Income/Expenses

  • Gross Income: 30000.0
  • Insurance Expense: 1966.0
  • Net Operating Income: 26500.0

Building Information

  • Year Built: 1922
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Dallas
  • Postal City: DALLAS
  • Subdivision Name: Trinity Heights

General Information

  • Parcel Number: APN 00-00028-533-400-000
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 1672.0

General Information

  • Appliances: Electric Cooktop
  • Flooring: Combination
  • Foundation Details: Combination,Slab
  • Interior Features: Decorative/Designer Lighting Fixtures
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Assigned,Gravel
  • Parking Total: 2.0

Lot Information

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Square Feet: 6969.6
  • Lot Size Units: Acres
  • Number Of Buildings: 2

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Shingle

General Information

  • Number Of Units Total: 2
  • Pool Features: None
  • Utilities: Electricity Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 2 Bedroom
  • Units Total: 2

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1506 Vermont Avenue Market Data

Based on the last 30 days in this zip code

$265,802
Average List Price
$171
Average Price per Square Foot
21
Properties Sold
77
Average Days on Market
179
Properties for Sale
Calculations provided by Reliance Network


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