1411 6th Avenue, Fort Worth, Texas 76104

$599,900
4
BD
List Price
$599,900
Price Change
▼ $25,100 1683155552
MLS#
20203101
Status
PENDING
Type
Multifamily
Year Built
1926
Construction Status
Preowned
Bedrooms
4
Full Baths
4
Acres
0.12
County
Tarrant
City
Fort Worth
Subdivision
Johnson Sub
Building Name
Fairmount Fourplex

Property Description

*** BUYER FINANCING FELL THROUGH AT THE LAST MINUTE!! BACK ON THE MARKET!! Awesome opportunity to own in a fantastic area of Fort Worth. This fourplex sits in the heart of the coveted Fairmount Historic District. Solid upside income opportunity through remaining unit upgrades, utility conversion, parking improvements and management. Within walking distance to Magnolia Avenue restaurants, shops and parks. All units are 1 BDRM, 1 BATH with off street parking in rear of building. Tenant occupied in units one, two and four. Unit three is vacant and can be shown at anytime. Occupied units require 24 hour notice to the tenants. Please text agent name and license number to coordinate setting up a showing.

Additional Information

Unexempt Taxes
$8,155
HOA
No HOA
Annual Insurance
2941
Gross Annual Expenses
11298
Gross Annual Income
41312
Lot Size
5,009
Acres
0.12
Lot Description
Interior Lot
Subdivided
No
Interior Features
Cable TV Available, High Speed Internet Available
Flooring
Hardwood, Other
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
2
Street Utilities
City Sewer, City Water
Heating Cooling
Central, Natural Gas
Exterior
Covered Patio/Porch
Construction Material
Brick
Parking Garage
Assigned, On Street, Other
Total Num Parking
4
School District
Fort Worth Isd
Elementary School
Daggett
Middle School
Daggett
High School
Paschal
Possession
Negotiable
Building Sq. Ft.
2928
Number of bldgs.
1
Number of units
4
Possession
Negotiable
Cap Rate
5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Betty Fish from Dewbrew Realty, Inc. Contact: 817-807-2246