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29776779
29776789

4936 Worth St, Dallas, TX 75214

VA
TX 0403677
Pegasus Realty Inc.
Listed by Pegasus Realty Inc.
$1,150,000
109 days on market
Updated 4 days ago

4936 Worth Street

Details
APN 0687 I00 001 1000687 I00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,402
Net Rentable (SqFt) 4,402
Units 5
Cap Rate 5.97%
NOI $68,707
Occupancy 100%
Pro-Forma Cap Rate 5.97%
Pro-Forma NOI $68,707
Price per SqFt $261
Broker Co-Op Yes
Class B
Year Built 1909
Year Renovated 2014-2017
Buildings 2
Stories 2
Acreage 0.210
Zoning PLANNED DEVELOPMENT DISTRICT
Parking Spaces 6 spaces
Parking Per SqFt 1.36
Investment Type Value Add
Ownership L&L Tea, LLC

Multifamily | 5 Units | $230,000/unit

Investment highlights

Charming property located in sought-after Historic Munger Place, this delightful 5-unit unit complex blends timeless character with thoughtful modern updates. Each unit has been tastefully refreshed within the past five years, offering residents functionality and comfort while preserving the property’s original appeal. The Building has separate electric meters and central HVAC for each unit.4402 Sq Ft includes garage apartment. Three units have covered parking, one has driveway parking, and Garage apartment has street parking. Tenants enjoy inviting common areas, including a shared yard and a welcoming front porch—perfect for relaxing and fostering a sense of community. The two upstairs units include a shared balcony. The property is 100% leased and professionally managed, providing immediate, stabilized income and truly hands-off ownership. Pictures in listing are of unit C. A rare opportunity to own a well-maintained, income-producing asset in one of the area’s most charming neighborhoods. Showings available by appointment, please contact agent.

Listing Contacts

VA
TX 0403677
Pegasus Realty Inc.
Listed by Pegasus Realty Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$68,707.00
$5,725.58/mo

Valuation Metrics

0
DSCR
5.97%
Cap Rate
5.97%
ROI

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Additional Information

Name
Victor Aves
License
TX 0403677
Brokerage
Pegasus Realty Inc.
Brokerage Phone
214.616.0194
Title
Broker of Record
Brokerage Address
PO Box 140275 Dallas, TX 75214
Name
Victor Aves
License
0403677
Brokerage
Pegasus Realty Inc.
Brokerage Phone
214-616-0194
Title
Broker, Owner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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