5740 Llano Avenue, Dallas, Texas

$1,195,000

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Opportunity to own a 2-property rental portfolio with a total of 7 rooms and 4 bathrooms. Both properties were thoughtfully renovated to maintain their historic charm with modern touches. The Llano portfolio is located in the Belmont Addition Conservation District and within walking distance to Lower Greenville. The front house is 1,986 SF and includes 3 bedrooms, 2 bathrooms, and the 2nd house is an ADU with its own address (5742) and separate entryway. Renovated to house 4 rooms and 2 bathrooms, the ADU is 1,580 SF, offering a combined estimated total of 3,566 SF ($336 PSF at the list price). Both are updated with premium finishes including quartz and quartzite countertops, tiled bathrooms and new flooring and fixtures. Cast iron also replaced with PVC. 5740 leases for $4,850 a month and 5742 leases for $3,300 a month. Utilities on 5740 are billed back and 5742 is paid for by tenants directly. See Transaction Desk for more info on rents, expenses, and additional property details.

School District: Dallas ISD

Dallas MLS #: 20517800

Representing the Seller: Listing Agent Esther Cho; Listing Office: GSFREA LLC

Representing the Buyer: Contact realtor Douglas Newby of Douglas Newby & Associates if you would like to see this property. 214.522.1000