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$265,000

Est. payment - /mo

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3 Beds

2 Baths

6,272 Sqft Lot

New

3400 Stanley Avenue Fort Worth, TX 76110

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Patricia Ann Young

patricia@followmyheelshome.com +1(972) 795-4260

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Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision South Summit Heights Add

MLS Listing ID 20992911

Bedrooms 3

Full Baths 2

HOA Y/N None

Total Fin. Sqft 1015

Year Built 1936

Annual Tax Amount $3,122

Lot Size 6,272 Sqft

Acres 0.144

Property Sub-Type Multiple Single Units

Property Description

INVESTOR SPECIAL!! 2-FOR-THE-PRICE-OF-1 RENTAL PROPERTIES!! (and it's hard to even find a Single Family at that price!) This multi-unit property is being sold at a 15%+ cap rate. This oversized, corner lot near TCU and zoned for Pascal High School has the location and the perfect revenue generating set-up for your next investment. Beautiful mature trees and ample street parking make this quiet neighborhood an easy pick.

The front house is a historic 2-1 with a spacious, fenced-in backyard, brick fireplace and is ready for rental with minor cosmetic repairs. The back house is a 1-1 tiny home also ready to rent with it's own front patio, fenced-in backyard and in-unit laundry. The air conditioners in both units are new within the last 2 years. The property is being sold AS IS with appliances conveying with the property to keep your start-up expenses LOW!

Location

State TX

County Tarrant

Community Sidewalks

Direction Exit Berry from I-35W and head west on Berry. Turn left on Stanley, front house is 3400 Stanley Ave. Turn right on Orange Ave. to see back house at 1803 Orange Ave.

Interior

Interior Features Walk-In Closet(s)

Heating Natural Gas

Cooling Central Air, ENERGY STAR Qualified Equipment

Flooring Simulated Wood, Tile

Fireplaces Number 1

Fireplaces Type Brick, Living Room

Appliance Disposal, Dryer, Gas Range, Refrigerator

Heat Source Natural Gas

Exterior

Exterior Feature Fire Pit, Private Yard

Fence Metal, Wood

Community Features Sidewalks

Utilities Available City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Few Trees, Lrg. Backyard Grass

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Fiber Cement

Schools

Elementary Schools Conteras

Middle Schools Mclean

High Schools Paschal

School District Fort Worth Isd

Others

Ownership Shannon Mitchell

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Aerial Photo, Owner/ Agent

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20992911

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Shannon Mitchell • TallGrass Real Estate, LLC

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Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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3400 Stanley Avenue Fort Worth, TX 76110

Patricia Ann Young

Key Details

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3400 Stanley Avenue