The Multifamily Group is pleased to present the exclusive offering of the Mather Ct 5Plex in Dallas, Texas. Constructed in 1942, the property comprises four units within a single structure each 725-745 SF, as well as an additional unit from a garage conversion that is 480 SF. Every unit has one-bedroom and one-bathroom. The roof is less than 6 years old, the wiring is copper, and the sewer line is cast iron/water is copper.
Located in the culturally rich Oak Cliff area, known for its diverse community and proximity to downtown Dallas. The median household income in a 3-mile radius is approximately $59,000, with a population of around 120,000 residents (Yardi). The demand for affordable housing in the area presents a promising prospect for future rental income. The property is being offered free and clear of existing debt.