4027 Kernack StreetDallas, TX 75211Listed at: $945,000

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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
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  • $945,000List Price
  • 12Bedrooms
  • 0.18Acreage
  • 5,916Square Feet
4027 Kernack Street Dallas TX 75211
4027 Kernack Street Dallas TX 75211

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INVESTORS ONLY. Sold as a package of 4 full duplexes, including 4022 Walker St, 4026, Walker St, and 4036 Walker St. As is. Excellent value-add opportunity in an up & coming Oak Cliff location with land values on the rise. Month-to-month leases with long-term tenants in place. Utilities are separately metered for each unit and paid by tenants. One unit has been partially updated and is currently vacant for renovation. With full updates, rents could be increased substantially. Several new builds on Walker. This could be a great opportunity for redevelopment. See the OFFERING MEMORANDUM in documents for pro forma income & expense projections. Projected cap rate is 7.84%

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Listed by Abigail Davis of Compass RE Texas,LLC. (214-907-5618)

Listing Sold by Keller Williams Frisco Stars

"Based on information submitted to TX_NTREIS as of December 5, 2023 12:58 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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