Property Description

Charming Dallas Cottage - Less Than 1/2 Mile from Downtown Cottage charm, plenty of land, and an exciting location just minutes from downtown Dallas - welcome to Glenn Street! Discover the character of this charming Dallas cottage, situated on approximately 0.67 acres and located less than half a mile from downtown Dallas. Inside, the home offers a comfortable single-level floor plan with inviting living spaces and the timeless appeal of cottage living. It's a home with personality rather than a cookie-cutter feel, offering the next owner an opportunity to make it their own. With approximately 0.67 acres, the property offers space for gardening, outdoor activities, pets, entertaining, or simply enjoying the benefit of having land while still being close to town. An Investment Opportunity The property is currently leased, offering an opportunity for an investor seeking an established rental property. The current tenant would like to remain in the home if possible, providing the potential for continuity with an existing tenant. The property also offers an attractive rental cap rate of 6.5%, making it an appealing option for investors looking for income-producing real estate in an area positioned for continued downtown growth. A Location Positioned for Growth The cottage is less than half a mile from downtown Dallas, putting local restaurants, shops, parks, community events, and the Silver Comet Trail close at hand. Downtown Dallas is also looking toward an exciting future. The City of Dallas recently announced plans for a transformative mixed-use development that will bring additional restaurants, retail, public gathering spaces, and new opportunities to experience downtown. Plans include a public village green with an outdoor amphitheater and performance stage, creating a future destination for concerts, community celebrations, and events. For an investor, the combination of rental income, an existing tenant, land, and proximity to a growing downtown makes this property an opportunity worth exploring. For an owner-occupant, it's a chance to enjoy cottage living with room to make it your own and the convenience of being close to the heart of Dallas. Come discover the possibilities of 116 Glenn Street - a cottage with character, land, location, and potential. Seller is a licensed real estate salesperson/broker in the State of Georgia, holding active license number 451919, and is an affiliated licensee with Keller Williams Northwest.

Property Features

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