6012 Richmond Avenue Dallas, TX 75206

$750,000

About this home

Property Overview

Rare duplex opportunity in the heart of 75206, priced for the lot. Sitting on 9,250 sq ft (0.2120 acres) in the highly sought-after Lower Greenville, this property offers two distinct plays for the right buyer. For the builder: This is the lot you've been waiting for. Single family new construction is the dominant redevelopment pattern in this pocket of East Dallas, and this oversized lot delivers the footprint to do it right. Income from both units covers carrying costs while you plan and permit. For the owner occupant: Move into one side and let the other pay your mortgage. Both units are mirrored 1 bed 1 bath layouts (appox 768 sqft each) with hardwood floors. Major capital improvements completed across both units include: foundation upgrades, new split unit AC and heat, new 200 amp electrical panels, new tankless water heaters, and new stainless appliances throughout (range, refrigerator, dishwasher) including stackable washer and dryers. This is a turn-key asset, not a project. One unit is on a standing lease at $1,650 per month. The other is month to month at $1,650 per month, with a tenant willing to stay on or vacate at closing. Photos shown are of one unit, the other is a mirror layout with similar finishes. Tandem off street parking in driveway. City water and sewer.
Don't wait, lots like this in 75206 don't sit.