Property
Beds
6
Full Baths
4
1/2 Baths
None
Year Built
2005
Sq.Footage
2,100
ATTENTION LANDLORDS & 1031-EXCHANGE INVESTORS! Incredible turn-key addition to your rental portfolio in the rapidly expanding Fort Worth market. This clean, well-maintained duplex features a strong operational history and an immediate revenue stream. Unit 1409 is currently occupied by a reliable tenant paying $1,550 per month. Unit 1411 is completely vacant, freshly prepped, and ready for immediate occupancy or easy showings. It was previously leased at $1,500 per month, bringing the total proforma gross income to an impressive $3,050 per month ($36,600 annually). Maximize your profit margins with zero utility friction: tenants pay 100% of their own electricity, water, and trash bills. Sitting at a strong proforma Net Operating Income (NOI) of over $27,800, this property offers an exceptional cap rate for modern market conditions. Positioned in a high-demand rental pocket with quick access to downtown Fort Worth, major highways, and local employment hubs. Vacant side is on a lockbox and available for effortless agent showings. Occupied side can be viewed with an accepted offer. Do not miss this low-maintenance asset. Schedule your tour of the vacant unit today! Buyer and buyer's agent to verify all information contained herein including dimensions, measurement, features, schools and HOA etc. Seller does not have a survey. Buyer may obtained a new survey at buyer's expense. Property is being sold AS-IS. Please DO NOT disturb tenants. 1411 E Robert (right unit) is a vacant and available for showing. No showing in 1409 E Robert (left unit) until accepted contract. Excludes: All tenants personal property.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
4
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Assigned
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.138
-
Lot Size(square feet)
6,011
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$330,000
-
Sq. Footage
2,100
-
Price/SqFt
$157
HOA
-
Association
No
School District
-
Elementary School
Atwood
-
Middle School
Dunbar
-
High School
Southhills
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
34
-
Water Source
Public
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Location
County
Tarrant
Elementary School
Atwood
Middle School
Dunbar
High School
Southhills
Listing Courtesy of Maria Madigan, Great Real Estate, Inc.
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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