$499,000
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8 Beds
4 Baths
0.37 Acres Lot
SOLD DATE : 09/13/2023
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Wedgwood Add
MLS Listing ID 20359926
Sold Date 09/13/23
Bedrooms 8
Full Baths 4
HOA Y/N None
Total Fin. Sqft 3672
Year Built 1981
Annual Tax Amount $8,875
Lot Size 0.372 Acres
Acres 0.372
Property Description
This ready-to-go quadruplex investment property offers a fantastic chance to incorporate a reliable and lucrative asset to any investment portfolio. It comprises four unique units, each featuring two bedrooms, and one full bathroom, providing a versatile and valuable investment option. The units have an approximate size of 918 square feet, offering ample space for comfortable living, and the property is currently fully leased. With an average monthly lease of $904, the property guarantees a steady cash flow. Moreover, the property's convenient location grants tenants easy access to public transportation, shopping centers, and dining options, making it an appealing choice. Investors will value the potential for long-term property value appreciation, as well as the possibility of gradually increasing rents over time, ensuring a stable and profitable investment for years to come. Don't miss out on this opportunity to add this quadruplex investment property to your portfolio.
Location
State TX
County Tarrant
Direction GPS
Interior
Interior Features Other
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Ceramic Tile
Fireplaces Type None
Appliance Other
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Westcreek
Middle Schools Wedgwood
High Schools Southhills
School District Fort Worth Isd
Others
Ownership Of Record
Financing Conventional
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Bought with Sut Sinpraw • SUMMIT, REALTORS
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