4800 Bryce Avenue, Fort Worth, Texas 76107

$900,000
10
BD
List Price
$900,000
MLS#
20132786
Status
ACTIVE
Type
Multifamily
Year Built
1922
Construction Status
Preowned
Bedrooms
10
Full Baths
8
Acres
0.144
County
Tarrant
City
Fort Worth
Subdivision
Chamberlain Arlington Heights 1st

Property Description

Unique Cash Flow 7 plex just North of Camp Bowie in Arlington Heights. Built in 1922 on 3 lots with 5 rental units in main property and two additional rental units and functional coin operated laundry in back building. Great corner lot across from Lucile's and Connell Baptist Church. Apt 1 2 bed 2 bath $1295 lease expires 6.23 Apt 2 2 bed 1 bath $1,150 lease expires 10.22 Apt 3 1 bed 1 bath $895 expires 9.22 Apt 4 2 bed 1 bath $1,150 Expires 6.23 2008 Sanguinet 1 bed 1 bath $725 Expires 9.22 2012 Sanguinet 1 bed 1 bath $995 Vacant 2014 Sanguinet 1bed 1 bath $825 Expires 7.23. Units are individually metered for electric and gas, 1 water meter. Residents are billed for water cost through allocated water billing. New Roof and many recent updates. Lots of untapped potential for the right investor. Don't miss this one!!

Additional Information

Unexempt Taxes
$12,150
HOA
No HOA
Annual Insurance
4267
Total Annual Expenses
Capital Improvements, Gardener, Licenses, Maintenance, Maintenance Grounds, Maintenance Structure, Trash, Utilities, Water/Sewer
Gross Annual Expenses
63777
Gross Annual Income
78519
Lot Size
6,272
Subdivided
No
Interior Features
Cable TV Available, Decorative Lighting
Foundation
Combination
Roof
Composition
Street Utilities
Alley, Cable Available, City Sewer, City Water, Electricity Available, Electricity Connected, Individual Water Meter, Master Water Meter
Heating Cooling
Electric, Space Heater
Construction Material
Brick, Wood
Parking Garage
Common
Total Num Parking
4
School District
Fort Worth Isd
Elementary School
Phillips M
Middle School
Monnig
High School
Arlngtnhts
Building Sq. Ft.
5763
Number of bldgs.
2
Number of units
7
Possession
Closing/Funding
Cap Rate
1.16

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 Scott Richardson from Turn Key Real Estate Inv. LLC