3509 Westminster Avenue University Park, Texas 75205

List Price

$1,700,000

Bedrooms

8

Bathrooms

8 full

Year Built

1931

Lot Size

9,016.92 sq ft / 0.2070 Acres
Less Than .5 Acre (not Zero)
60 x 150

Property Type

Residential Income, Multi-Family

Gross Income

$134,400

Gross Expenses

$19,995

Number of Units

8

MLS ID

20194894

Schools

Highland Park ISD
University
Mcculloch
Highland Park
Highland Park


Listing Description

Rare opportunity to own an 8 unit investment property in the Park Cities on a 60x150 lot. Built in 1931, 3509 Westminster showcases architectural details that you simply do not find today's multi-family properties: Spanish tile roof, stone entry façade, arched metal windows with decorative leaded glass, and built-in wood cabinetry. Situated on a cul-de-sac, this ideal location gives tenants walkable access to Snider Plaza, Curtis Park, UP Pool, Tennis courts, and UP Elementary. All tenants (by design) are month-to-month giving the next owner full flexibility. All units are 1bd-1bth with central HVAC, refrigerator, and gas range. 4 units @ 600sf, 4 units @ 750sf. Master metered for electric, water & gas (owner pays). Common coin-operated washer-dryers. 5 covered parking w. ample street parking. Market rents estimated at $1350 x 4 and $1450 x 4. Current rent roll and 2021 utility expenses are included in the documents section. (all sqft measurements are approximate)

NTREIS
Location

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