Description
Situated along Swiss Avenue in East Dallas, 4515 Swiss Avenue, The Biltmore is a distinguished historic property featuring eight spacious 2 bedroom, 2 bathroom units. Built in 1926, this Spanish-influenced building retains timeless charm while positioning itself as an investment opportunity in a prime location. Each unit boasts 1,250 SF of space with wood floors and a large living area. Residents can also enjoy the gated parking lot and option to rent a covered parking spot. Opportunity to push rents by updating units. Effective rents are currently around $1,400. Comps support rents in the $1,650-$1750 range for updated 2 bedroom units over 1,000 SF. Contact agent for financials. Property is 100% occupied.
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Neighborhood & Market Insights
This property is 72.3% above the current neighborhood median.
The schools block is active and ready for district, ratings, and assigned-school provider data.
58.9% modeled change across available points
- Principal and Interest
- Property Tax
- HOA fee