Listing ID : 20850721
-
Beds
16 -
Baths
8/0 -
Structure / Lot Size
7,200 Sqft / 0.4270 Acre -
Year
1970
Description
Welcome to 428 N. Dallas Ave, a well-maintained 8-unit apartment complex located in historic downtown of Lancaster, Texas. Each unit features 2 bedrooms, 1 bath, and offers 925 sq. ft. approx. of comfortable living space. 7 of the 8 units have been completely renovated and currently, all eight units are leased, providing a steady income stream. Each unit is individually metered for electric. The property is located with convenient proximity and quick access to several major highways in the Dallas-Fort Worth metroplex. Interstate 35 which runs northbound into downtown Dallas and southbound into Waxahachie is only 4 miles east of 428 North Dallas. Interstate 20 is less than 10 minutes north of the property and connects many major roads within the city including Interstate 67, Highway 45, and Interstate 635. The proximity of these major highways allows residents to quickly and easily navigate Dallas and its surrounding suburbs.