Next Level Realty

2701 Hemphill Street

Fort Worth, TX 76110

MLS#: 20242073

$1,750,000

Status: Closed
Listing number: 20242073
Listing provided by: Navigate Management Co. LLC
Listing agent phone: None
Last update: N/A
Browse Properties
South Hemphill Heights Add - Residential Income

Property

Beds

20

Full Baths

20

1/2 Baths

None

Year Built

1961

Sq.Footage

12,392

NEW OFFERING MEMORANDUM, FINANCIALS, AND RENT ROLL WILL BE AVAILABLE MONDAY, JULY 24. Location, land value, excellent resident retention. Ready to cash flow! The Fontaine Apartments. 20 units, 16 completed updated, 4 some updates (long term residents). All 1 bd, 1 bth. Close to Magnolia District, TCU, Medical District, public trnsprtn. Renovated boutique style community. New flooring, tile, paint, and fixtures. 2 walk in closets in each bedroom! Most kitchens have all new stainless steel appliances. Retro-feel community designed with modern landscaping and washer, dryer on site. Many residents RUBS. MAJOR work Exterior (2020) Electric, new wiring and panel(2020) Mini Split HVACs(2021) Plumbing(2022) New Pavement parking lot and paint assigned spaces (2023) Cosmetic updates completed over 3 yrs. Professionally managed. Seller will not seller finance or carry any portion of the loan. Title is already open at Independence Title and will not be moved.

Features & Amenities

Interior

  • Other Interior Features

    Granite Counters, Natural Woodwork, Open Floorplan, Walk-In Closet(s)

  • Total Bedrooms

    20

  • Bathrooms

    20

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Electric, Other

  • Heating YN

    YES

  • Heating

    Electric, Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding, Brick, Concrete, Vinyl Siding

  • Parking

    Assigned, Parking Lot, Private

  • Patio and Porch Features

    Awning(s), Covered, Wrap Around

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.344

  • Lot Size(square feet)

    14,984

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,750,000

  • Sq. Footage

    12,392

  • Price/SqFt

    $141

HOA

  • Association

    No

School District

  • Elementary School

    Morningsid

  • Middle School

    Rosemont

  • High School

    Polytechni

Property Features

  • Accessibility Features

    Accessible Entrance, Accessible Approach with Ramp, Accessible Bedroom, Accessible Doors, Accessible Hallway(s)

  • Foundation Details

    Pillar/Post/Pier

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Tarrant

Elementary School

Morningsid

Middle School

Rosemont

High School

Polytechni

Listing Courtesy of Judy Andujar, Navigate Management Co. LLC

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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


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NEW OFFERING MEMORANDUM, FINANCIALS, AND RENT ROLL WILL BE AVAILABLE MONDAY, JULY 24. Location, land value, excellent resident retention. Ready to cash flow! The Fontaine Apartments. 20 units, 16 completed updated, 4 some updates (long term residents). All 1 bd, 1 bth. Close to Magnolia District, TCU, Medical District, public trnsprtn. Renovated boutique style community. New flooring, tile, paint, and fixtures. 2 walk in closets in each bedroom! Most kitchens have all new stainless steel appliances. Retro-feel community designed with modern landscaping and washer, dryer on site. Many residents RUBS. MAJOR work Exterior (2020) Electric, new wiring and panel(2020) Mini Split HVACs(2021) Plumbing(2022) New Pavement parking lot and paint assigned spaces (2023) Cosmetic updates completed over 3 yrs. Professionally managed. Seller will not seller finance or carry any portion of the loan. Title is already open at Independence Title and will not be moved.

2701 Hemphill Street

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