$460,000
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8 Beds
6 Baths
3,310 Sqft Lot
SOLD DATE : 06/23/2023
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Coates Circle Condo
MLS Listing ID 20291992
Sold Date 06/23/23
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N None
Total Fin. Sqft 4760
Year Built 1984
Annual Tax Amount $3,084
Lot Size 3,310 Sqft
Acres 0.076
Property Description
MULTIPLE OFFERS HAVE BEEN RECEIVED AND WERE SENT TO THE SELLER FOR REVIEW MON April 3rd.
4 units, each featuring 2 bedrooms, 1 full bathroom, and 1 half bathroom, this property is ideal for tenants seeking comfortable and affordable living. The interior of the occupied units has been remodeled, providing modern finishes and move-in ready condition. The average rent for the occupied units is $1076 per month, providing stable cash flow for the savvy investor. While the interior of the property is in great condition, the exterior of the building requires some work to maximize its potential. However, this presents an excellent opportunity for investors to add value, increase rents, and improve the overall curb appeal of the property. With only 3 of the 4 units currently leased, there is also an opportunity to fill the vacant unit and further increase the monthly rental income. Don't miss out on this fantastic investment opportunity!
Location
State TX
County Tarrant
Direction GPS
Interior
Interior Features Other
Heating Central, Electric
Cooling Central Air, Electric
Appliance Other
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Parking Type Additional Parking, Parking Lot
Total Parking Spaces 4
Garage No
Building
Story Two
Foundation Slab
Structure Type Block
Schools
Elementary Schools Luellamerr
Middle Schools Leonard
High Schools Westn Hill
School District Fort Worth Isd
Others
Ownership Of Record
Financing Cash
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Bought with John Steffen • eXp Realty LLC