2841 Avenue H Avenue, Fort Worth, Texas 76105

$540,000
11
BD
List Price
$540,000
Price Change
▼ $25,000 1623897753
MLS#
14461957
Status
ACTIVE
Type
Multifamily
Year Built
1975
Construction Status
Preowned
Bedrooms
11
Full Baths
6
Acres
0.144
County
Tarrant
City
Fort Worth
Subdivision
Polytechnic Heights Add
Building Name
Na

Property Description

Income-producing property with a great annual cap rate with minimum maintenance needed. This building comes with a great parking area and located just a few blocks away from Wesleyan University and 10 minutes away from downtown Fort Worth. New roof in (2019), complete foundation work (2019), new HVAC system (2019), new water heaters (2019), and two laundry room areas. Multi-year tenant in place. It is labeled as a multi-family property with the Tarrant Appraisal District. Information Deemed Reliable but not Guaranteed. Buying agents and buyers to do their own due diligence before proceeding.

Additional Information

Unexempt Taxes
$6,150
HOA
No HOA
Amenities
Fireplace
Annual Insurance
4090
Gross Annual Expenses
11000
Gross Annual Income
51000
Lot Size
6,272
Acres
0.144
Lot Description
Acreage
Subdivided
No
Handicap Yn
Yes
Interior Features
Cable TV Available, Multiple Staircases
Flooring
Ceramic Tile, Vinyl, Wood
Foundation
Pier & Beam
Roof
Composition
Stories
2
Fireplaces
1
Fireplace Type
Brick, Decorative
Street Utilities
Asphalt, City Sewer, City Water, Concrete, Curbs
Heating Cooling
Central Air-Elec, Central Heat-Gas
Exterior
Deck, Gutters
Construction Material
Block
Parking Garage
Assigned Spaces, On Street
Total Num Parking
4
School District
Fort Worth Isd
Elementary School
Ta Sims
Middle School
James
High School
Polytechni
Proposed Financing
Cash, Conventional
Building Sq. Ft.
4034
Number of bldgs.
1
Number of units
1
Occupancy Rate
100
Possession
Closing/Funding, Negotiable
Cap Rate
7.41

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Julio Romero REALTORS, LLC.