3425 Westminster Ave, Dallas, TX 75205

Description

Exceptional opportunity to acquire a well-located triplex in the heart of University Park, just west of Snider Plaza and within walking distance to Snider Plaza, University Park Pool, Curtis Park, and nearby restaurants and shopping. **Please note that the MLS details (including total bedrooms, bathrooms, and square footage) reflect the property as it is legally described by the Dallas Central Appraisal District (DCAD) and the City of University Park, as the property is a single legal parcel.**

The property consists of three spacious townhome-style residences (3423, 3425 & 3427 Westminster), each offering approximately 2,390 square feet with 3 bedrooms, 3.5 baths, and an attached two-car garage. Each residence features a functional three-story floor plan. The first floor includes the attached two-car garage, laundry room, and one secondary bedroom with en-suite bath. The second floor offers the main living area with a spacious living room, dining area, kitchen, and powder bath. The third floor features the primary suite along with an additional secondary bedroom, each with its own bath.

Two units are currently leased on month-to-month agreements, one at $5200 per month and the other at $5000 per month, while the third unit is vacant and available for immediate occupancy or easy showings. Built in 2002, the property has been well maintained and offers excellent upside potential through cosmetic updates and rental increases, or is ideal for an owner-occupant looking to live in one unit while generating income from the other two.

The property is legally one parcel and is being sold as a single property, as recognized by both the City of University Park and DCAD. A future owner may choose to explore, if permitted, establishing a condominium regime or another ownership structure after closing, subject to all applicable governmental approvals. A rare opportunity to own a quality income-producing asset in one of Dallas' most desirable neighborhoods.