4031 Rawlins St, Dallas, TX 75219

$2,199,999

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,199,999
MLS#
21357978
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1926
Construction Status
Preowned
Acres
0.16
County
Dallas
City
Dallas
Subdivision
Bowser & Lemmon Oak Lawn

Property Description

Five-unit fully furnished corporate housing compound in Oak Lawn, turnkey, stabilized, and ready for immediate occupancy. Two buildings on one lot: a two-story four-unit brick building and a detached single-family home, all configured as 2 bed & 2 bath. Every unit includes in-unit washer and dryer. All furnishings convey with the sale. Prime location. One mile from UT Southwestern Medical Center and Children's Medical Center, one of the largest employer concentrations in North Texas. This property sits in the direct path of demand from traveling medical professionals, clinical staff, residents, and relocating executives who need furnished, move-in-ready housing for 30 to 90 days at a time. Parkland Memorial and the broader medical district reinforce that pipeline. Dallas' continued growth as a corporate relocation hub adds a second demand lane. Major capital work has been completed: roof replaced, installed new HVAC in all five units, replaced water heaters, all windows and doors replaced, and completed pier and beam foundation work on the main building. Five on-site parking spaces. No HOA. Minutes from Highland Park, Uptown, Love Field, the Dallas North Tollway, and 75 Central Expressway. 1031 exchange eligible.

Additional Information

Unexempt Taxes
$17,769
Tenant Pays
Other
Lot Size
7,000
Acres
0.16
Lot Description
Irregular Lot
Flooring
Hardwood, Tile
Foundation
Pillar/Post/Pier
Roof
Composition
Building Stories
2
Parking Garage
On Site, Private, On Street
Possession
CloseOfEscrow
Proposed Use
Hotel/Motel
Inclusions
Land & Improvements
Community Features
Sidewalks

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Kyla Young from EXP REALTY. Contact: 214-931-0046

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: