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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,193 sqft
Price per Sqft $180
Subdivision Joseph P Lynch
MLS Listing ID 20558443
Sold Date 04/30/24
Total Fin. Sqft 7193
Year Built 1945
Annual Tax Amount $15,249
Lot Size 0.580 Acres
Acres 0.58
Property Description
Rare opportunity to own your own 5,200 SF updated warehouse located in the heart of Trinity Groves w new foundation, new bathroom, new floor to ceiling insulation, new paint, and new landscaping complete with 2 phase power, water and more. Over $125,000 in recent renovations. This .58 acre investment property also boasts a completely updated 1,993 SF duplex or commercial office w 2 empty lots in the back, perfect for additional parking or prepped and ready for additional development. All properties are contiguous and ready for immediate move in, development, or can be utilized as an extraordinary passive income opportunity for an investor seeking to earn an excellent ROI. The duplex, which can be used as an office or Airbnb, and the 2 cleared lots in the back have the potential to bring in approximately $54,000 of gross income per year on their own. Warehouse can be rented out for an additional $84,000 gross income per year. Incredible property w unlimited potential.
Location
State TX
County Dallas
Zoning IR
Direction From I-30, Right Hampton Rd., Right on Singleton, Right on Vilbig.
Interior
Heating Space Heater, None
Cooling None
Flooring Concrete, Painted/Stained
Heat Source Space Heater, None
Exterior
Utilities Available Cable Available, City Sewer, City Water, Concrete, Electricity Available, Electricity Connected, Gravel/Rock, Individual Water Meter, Overhead Utilities, Phone Available, Sewer Available
Roof Type Metal
Parking Type Garage Double Door, Common, Epoxy Flooring, Garage Faces Front, Garage Faces Rear, Gravel, Lighted, Open
Garage No
Building
Lot Description Few Trees, Greenbelt, Landscaped
Foundation Slab
Structure Type Block,Concrete,Siding,Vinyl Siding
Others
Ownership See Agent
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Seller Financing
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Bought with Moises Penate • Ultima Real Estate
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