1120 Galveston Avenue new Save Request In-Person Tour Request Virtual Tour
Fort Worth,TX 76104
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Moodie & Evans #1 Sub
MLS Listing ID 20758109
Bedrooms 9
Full Baths 9
Half Baths 5
HOA Fees $1,500/mo
HOA Y/N Mandatory
Total Fin. Sqft 6349
Year Built 2021
Lot Size 4,835 Sqft
Acres 0.111
Property Description
CASH FLOWING $13,800 A MONTH . CLASS A LUXURY UPDATED- LONG TERM TENANTS IN 4 OUT OF 5 UNITS
Welcome to the opportunity in the heart of Fort Worth with these 5 Units CLASS A fully occupied Zoned for commercial use, allowing for flexible operation including short-term rentals such as Airbnbs. These 5 units are ready to go , with two currently operating as successful Airbnbs and the remaining three leased as long-term rentals, ensuring diversified and steady revenue streams. Strategically situated within walking distance to the vibrant Magnolia Street, known for its eclectic mix of dining, shopping, and entertainment options, and close to the Medical District, a major employment hub, this property guarantees high demand for both short-term and long-term rentals. Benefit from the balanced mix of rental income and enjoy the future potential to convert more units into short-term rentals or maintain the current structure based on market trends.
Location
State TX
County Tarrant
Direction 1120 Galveston Avenue. Forth Worth, TX please use apple or google maps. Call Shawn for any questions.
Interior
Interior Features High Speed Internet Available
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Ceramic Tile,Luxury Vinyl Plank,Other
Appliance Dishwasher,Disposal,Dryer,Electric Oven,Electric Range,Microwave,Washer
Heat Source Central
Exterior
Garage Spaces 9.0
Utilities Available City Sewer,City Water,Electricity Connected
Roof Type Composition
Parking Type Additional Parking,Garage Single Door,On Site
Total Parking Spaces 9
Garage Yes
Building
Story Three Or More
Foundation Slab
Level or Stories Three Or More
Structure Type Fiber Cement,Vinyl Siding
Schools
Elementary Schools Clayton Li
Middle Schools Mclean
High Schools Carter Riv
School District Fort Worth Isd
Others
Ownership Testament Real Estate LLC
Acceptable Financing 1031 Exchange,Cash,Contact Agent,Conventional
Listing Terms 1031 Exchange,Cash,Contact Agent,Conventional