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2406 S Vilbig Road Dallas, TX 75212
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,993 sqft
Price per Sqft $383
Subdivision Joseph P Lynch
MLS Listing ID 14716665
Year Built 1945
Annual Tax Amount $1,228
Lot Size 0.580 Acres
Property Description
Rare opportunity to own your own 7,000 SF warehouse with electricity, a completely updated, income producing, 1,993 SF duplex, and 2 additional lots in the hot West Dallas corridor nextdoor to Megatel's highly anticipated Soho development. All property is contiguous and ready for immediate development or to be used as a buy and hold opportunity for an investor seeking to earn passive income. The duplex brings in approx $39,000 gross income per year. Warehouse can also easily be rented out for an additional $48,000 gross income per year. There is potential to tear it all down and build 4 to 5 high end, income producing duplexes on the property. Incredible value in the land. Contact listing agent for details.
Location
State TX
County Dallas
Zoning IR
Interior
Heating None, Space Heater
Cooling None, Window Unit(s)
Flooring Concrete
Exterior
Utilities Available Concrete, Gravel/Rock
Roof Type Metal
Building
Foundation Slab
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Survey Available
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Bought with Jp Findley • Rogers Healy and Associates