BEDS20
BATHS20 full
MLS#21203966
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONOak Cliff Original
SCHOOLDallas ISD
Property Description
Saint Francis Apartments is a 20 unit, classic courtyard-style community located on North Marsalis Avenue in the rapidly evolving North Oak Cliff neighborhood of Dallas. The property sits just one block from Lake Cliff Park, a historic and scenic urban green space featuring a tranquil lake, recreational amenities, and sweeping views of the Dallas skyline. Owned and operated by the same family for more than 25 years, Saint Francis presents a compelling opportunity for new ownership to enhance value through both physical improvements and operational efficiencies. Additionally, the property is situated within a designated Opportunity Zone. This designation allows investors to reinvest capital gains into a Qualified Opportunity Fund (QOF), providing the potential to defer taxes on those gains by improving the property.Average rents range from 700-800 all bills paid.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric
Heating: Other
Lot Size: 0.42 Acres
Roof Type: Composition
Year Built: 1958
Amenities
Other
Feature Descriptions
Accessibility: Meets ADA Requirements
Appliances: Dishwasher
Days on Site: 41
Exterior: Brick
Flooring: Carpet, Luxury Vinyl Plank
Parcel#: 00000249319000000
Parking: Concrete
Parking Notes: Concrete
Units: 20
Utilities: Electricity Connected
Local Schools
Elementary School: Bowie
School District: Dallas ISD
Listed By / Shown By
Listed By
Agency Name: Colonial Commercial RE LLC
Agency Contact: 817-632-6200
Agent Name: Michael Berkowitz
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 4,027.57 per month $3,560.91 Principal & Interest $0.00 Property Tax (data not provided by mls) $466.67 Homeowner's InsuranceChange Payment Information
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708 N Marsalis | MLS# 21203966
This multi-family property located at 708 N Marsalis, Dallas, TX 75203 is currently listed for sale with an asking price of $1,600,000. N Marsalis is located within the Dallas ISD school district. Search Dallas real estate on www.254sale.com today.