$499,000
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8 Beds
4 Baths
0.36 Acres Lot
SOLD DATE : 09/26/2023
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Wedgwood Add
MLS Listing ID 20359944
Sold Date 09/26/23
Bedrooms 8
Full Baths 4
HOA Y/N None
Total Fin. Sqft 3672
Year Built 1981
Annual Tax Amount $9,245
Lot Size 0.356 Acres
Acres 0.356
Property Description
This quadruplex investment property is an excellent opportunity to add a reliable and profitable asset to your investment portfolio. It consists of four distinct units, each with two bedrooms, one full bathroom, and one half bathroom, making it a versatile and valuable investment choice. The units are approximately 918 square feet in size, providing ample space for comfortable living, and the property is currently fully leased. With an average monthly lease of $908, this property guarantees a steady cash flow. Additionally, its convenient location allows tenants easy access to public transportation, shopping centers, and dining options, making it an attractive option. Investors will appreciate the potential for long-term property value appreciation and the possibility of gradually increasing rents over time, ensuring a stable and profitable investment for years to come. Don't miss 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
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 Joe Funari • Century 21 Mike Bowman, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "