Description
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.
Property Type
Residential IncomeSubdivision
Old East DallasCounty
DallasStyle
Residential IncomeAD ID
50117134
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Multiple Staircases,Walk-In Closet(s)
Appliances
- Electric Range,Refrigerator
Utilities
- City Sewer,City Water
Cooling Features
- Central Air
Heating Source
- Central
-
Exterior Features
Building Information
- Built Year: 1972
- Building Area Total: 14,750
- Construction: Stucco
- Roof Type: Shingle
Foundation
- Slab
Fencing
- Wood
Construction Materials
- Stucco
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 0.4821
- Lot Size Units: Square Feet
- Lot Size Square Feet: 21000.0000
- Lot Features: Interior Lot
Property Information
- Property Type: Residential Income
- Property Sub Type: Apartment
- Subdivision: Old East Dallas
- City: Dallas
- State: Texas
- Directions: head east on Live Oak. Make a right on Grigsby. Left on Sycamore. Property is on the right hand side.
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $2,995,000
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
Tax Information
- Parcel Number: 00C70750000A00101
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 29
- Parking Features: Common
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Chavez
- Middle School: Spence
- High School: North Dallas
- School District: Dallas ISD
Utility Information
- Utilities: City Sewer,City Water
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
BuyOwner last updated this listing 06/13/2025 @ 06:53
- MLS: 456522608
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.