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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,579 sqft
Subdivision South Hemphill Heights Add
MLS Listing ID 14517028
Bedrooms 6
Full Baths 5
Half Baths 1
Year Built 1920
Annual Tax Amount $2,743
Lot Size 7,492 Sqft
Property Sub-Type Apartment
Property Description
Great opportunity for investors to renovate this charming brick 5-plex! New roof, new siding, new ducting, new framing, several new windows, plus some electrical and plumbing work have been completed. Zoned commercial in a Fort Worth Neighborhood Empowerment Zone (NEZ). After the buyer obtains the NEZ status, they may qualify for municipal tax abatements and numerous city fee waivers. Details in supplements. The current architectural plans provide for 1 two-bedroom and 4 one-bedroom units for a total of 6 bedrooms, 5.5 baths. After work is completed, the 5 units are estimated to rent for a total of $5400 monthly. Plenty of room behind the property for parking. Close to TCU as well!
Location
State TX
County Tarrant
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Other
Exterior
Exterior Feature Balcony, Covered Patio/Porch
Utilities Available City Sewer, City Water, Concrete, Curbs
Roof Type Composition
Building
Story Two
Foundation Pillar/Post/Pier
Structure Type Brick,Concrete
Schools
Elementary Schools De Zavala
Middle Schools Daggett
High Schools Paschal
School District Fort Worth Isd
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Bought with Jake Akins • New Western Acquisitions
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Sean Parsons
Broker Associate | License ID: 0591907
Broker Associate License ID: 0591907