Prime Investment Opportunity in a Central Metroplex Location! It is hard to find an investment property these days that has cash flow, this one does! This is a 7% cap rate which is unheard of these days! Bring me offers! No seller financing.
This updated 4-unit property offers excellent potential for cash flow. Each two-story unit features recently upgraded interiors, including some with granite countertops, new appliances, new flooring, paint, and more. Two of the units have new HVAC's. The layout includes bedrooms on the second floor, while the first floor includes the living, dining, kitchen, and a half bath. Each unit also comes with a wood-burning fireplace and washer & dryer hookups. Rental history ranges from $1,200 to $1,300 per month. Located just 5 minutes from downtown Fort Worth and 8 minutes from the hospital district.
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Listing Snapshot
Price
$495,000
Days On Site
2 Days
Bedrooms
2
Inside Area (SqFt)
3,248 sqft
Total Baths
2
Full Baths
1
Partial Baths
1
Lot Size
0.186 Acres
Year Built
1985
MLS® Number
20932573
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Other
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Recent Activity
20 hours ago
Listing updated with changes from the MLS®
3 days ago
Listing first seen on site
General Features
Acres
0.186
Foundation
Slab
Parking
CommonDriveway
Parking Spaces
8
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
3248
Stories
Two
Water Source
Public
Interior Features
Appliances
DishwasherElectric RangeRefrigerator
Cooling
Central Air
Fireplace
Yes
Fireplace Features
Wood Burning
Fireplaces
1
Flooring
TileVinyl
Heating
Central
Interior
Other
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Exterior Features
Construction Details
Brick
Roof
Composition
Community Features
School District
Fort Worth ISD
Schools
School District
Fort Worth ISD
Elementary School
Meadowbrook
Middle School
Meadowbrook
High School
Eastern Hills
Listing courtesy of Sherry Patterson of Aspire Investments LLC [email protected]
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