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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Weatherford P R Add
MLS Listing ID 20645855
Sold Date 08/05/24
Bedrooms 5
Full Baths 3
HOA Y/N None
Total Fin. Sqft 2135
Year Built 1958
Annual Tax Amount $10,182
Lot Size 7,884 Sqft
Acres 0.181
Property Description
Fantastic 3 Unit complex (2) 2 bedroom 1 bath units and a garage apartment efficiency located just 2 blocks from TCU and about 4 blocks from the center of the campus! Ideal place for investor or for someone who wants to live in a great part of the TCU neighborhood and also have income from fantastic rentals. Great location walk to everything. 2135 Sq ft per TAD. Total 5 Bedroom 3 bath Unit A (2 bedrm 1 bath) has just completed an extensive remodel with new bathroom, new tile floors new quartz counters in bathroom and kitchen, all new stainless appliances and new kitchen sink. Hardwood floors throughout. Unit B (2 bedrm 1 bath) is leased for $2000 per month through December 2024 Unit C (efficiency) is leased for $700 per month for the next 12 months. The only thing that has not been done yet is the roof. Quote for $12000 to repair it and can be done or discount given off the price if you prefer your roofer make the repairs. Pro forma cap rate of 6.2% on the property once fully leased.
Location
State TX
County Tarrant
Direction I-35W to W Berry to S University.
Interior
Interior Features Granite Counters
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Hardwood
Appliance Dishwasher, Dryer, Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator, Washer
Heat Source Central, Electric
Exterior
Fence Back Yard, Chain Link
Utilities Available City Sewer, City Water
Roof Type Composition
Parking Type Garage
Garage No
Building
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Tanglewood
Middle Schools Mclean
High Schools Paschal
School District Fort Worth Isd
Others
Ownership Lilly Pad Properties
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
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Bought with Adrianne Holland • Briggs Freeman Sotheby's Int'l
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