1409 And 1411 E Robert St, Fort Worth, TX 76104

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List Price
$330,000
MLS#
21384455
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2005
Construction Status
Preowned
Bedrooms
6
Full Baths
4
Acres
0.14
County
Tarrant
City
Fort Worth
Subdivision
Ryan Southeast Add*
Building Name
Ryan Southeast

Property Description

ATTENTION LANDLORDS & 1031-EXCHANGE INVESTORS! Incredible turn-key addition to your rental portfolio in the rapidly expanding Fort Worth market. This clean, well-maintained duplex features a strong operational history and an immediate revenue stream. Unit 1409 is currently occupied by a reliable tenant paying $1,550 per month. Unit 1411 is completely vacant, freshly prepped, and ready for immediate occupancy or easy showings. It was previously leased at $1,500 per month, bringing the total proforma gross income to an impressive $3,050 per month ($36,600 annually). Maximize your profit margins with zero utility friction: tenants pay 100% of their own electricity, water, and trash bills. Sitting at a strong proforma Net Operating Income (NOI) of over $27,800, this property offers an exceptional cap rate for modern market conditions. Positioned in a high-demand rental pocket with quick access to downtown Fort Worth, major highways, and local employment hubs. Vacant side is on a lockbox and available for effortless agent showings. Occupied side can be viewed with an accepted offer. Do not miss this low-maintenance asset. Schedule your tour of the vacant unit today! Buyer and buyer's agent to verify all information contained herein including dimensions, measurement, features, schools and HOA etc. Seller does not have a survey. Buyer may obtained a new survey at buyer's expense. Property is being sold AS-IS. Please DO NOT disturb tenants. 1411 E Robert (right unit) is a vacant and available for showing. No showing in 1409 E Robert (left unit) until accepted contract. Excludes: All tenants personal property.

Additional Information

Lot Size
6,011
Acres
0.14
Interior Features
Decorative Designer Lighting Fixtures, Cable TV
Flooring
Tile
Foundation
Slab
Roof
Shingle
Stories
1
Pool Features
None
Parking Garage
Assigned
School District
Fort Worth Isd
Elementary School
Atwood
Middle School
Dunbar
High School
Southhills
Possession
CloseOfEscrow
Community Features
Curbs

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Calculator source: Real Geeks

Listing courtesy of Maria Madigan from Great Real Estate, Inc.. Contact: 214-532-4009

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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