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Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Sold
Purchase Type For Sale
Subdivision Prather & Ardreys
MLS Listing ID 20658716
Sold Date 09/11/24
Bedrooms 3
Full Baths 4
Half Baths 1
HOA Y/N None
Total Fin. Sqft 3777
Year Built 1946
Annual Tax Amount $18,574
Lot Size 6,960 Sqft
Acres 0.1598
Lot Dimensions 64x140
Property Description
BANK OWNED Unique Investor Opportunity in the Cedars 2 Units that were formerly, the famous 'Luxe Warehouse': Originally a vintage 1940s warehouse, was transformed in 2019 and featured on CNBC's 'Cash Pad' into a distinctive lodging experience. With two bedrooms and two baths, it comfortably accommodates up to 10 guests. The Warehouse has been featured on numerous websites and has the possibility to generates income through short term rental bookings (Airbnb, VRBO, PeerSpace). Unit 2 is a quaint home built in 2015, this two-story features one bedroom and one and a half baths. The property is surrounded by new construction, enhancing the property's appeal.
Investment Potential: A rare opportunity to invest in a historically rich, highly desirable property in the Cedars minutes from downtown Dallas. With its unique accommodations and prime location, this property is poised to attract a steady stream of guests that could generate a good return on investment.
Location
State TX
County Dallas
Direction From downtown Dallas, head south on Akard, left on Beaumont, right on Browder. Property will be on the right.
Interior
Interior Features Cable TV Available, Flat Screen Wiring, High Speed Internet Available
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air, Gas
Flooring Concrete
Appliance Dishwasher, Disposal, Tankless Water Heater, Vented Exhaust Fan
Heat Source Central, Natural Gas
Exterior
Carport Spaces 2
Fence Chain Link, Fenced, Perimeter, Security, Wood, Wrought Iron
Utilities Available City Sewer, City Water
Roof Type Other
Total Parking Spaces 2
Garage Yes
Building
Lot Description Few Trees, Interior Lot, Lrg. Backyard Grass
Story Multi/Split
Foundation Slab
Level or Stories Multi/Split
Structure Type Metal Siding,Stucco
Schools
Elementary Schools Dunbar
Middle Schools Dade
High Schools Madison
School District Dallas Isd
Others
Ownership Bank Ozk
Financing Conventional
Special Listing Condition Survey Available
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©2024 North Texas Real Estate Information Systems.
Bought with Melanie Caple • Caple & Company
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Darrell Best
Broker Associate | License ID: 0653154
Broker Associate License ID: 0653154