8228 El Retiro Road, Fort Worth, Texas 76116

$345,000
6
BD
List Price
$345,000
MLS#
14517580
Status
ACTIVE OPTION CONTRACT
Type
Multifamily
Year Built
1975
Construction Status
Preowned
Bedrooms
6
Full Baths
4
Acres
0.291
County
Tarrant
Area
FW FAR WEST-BENBROOK/WH.SETTLEM. (112)
City
Fort Worth
Subdivision
Western Hills Add
Building Name
El Retiro Duplex

Property Description

BACK ON THE MARKET! NEW roof, gutters, and carport roof panels as of April 2021. One of a kind duplex in Fort Worth! Unit 8230 is currently leased. Unit 8228 was recently updated and is vacant - PERFECT for an investor or owner occupant! Each unit consists of a 3 bedroom, 2 bathroom layout with a spacious living room, open concept kitchen and dining, and an interior laundry room. At the rear of the property are fully fenced back yards and covered parking. Unit 8230 is currently leased for $1,100 through 9-30-2021 and 8228 is vacant. Tenants pay electric and gas, owner pays water, sewer, and trash. Updates to 8228 include full paint, granite, fixtures, and more! Please DO NOT disturb the tenant in unit 8230.

Additional Information

Unexempt Taxes
$4,500
HOA
No HOA
Amenities
Fireplace
Annual Insurance
1547
Gross Annual Expenses
9607
Gross Annual Income
30900
Lot Size
12,675
Acres
0.291
Lot Description
Interior Lot, Landscaped
Subdivided
No
Interior Features
Cable TV Available
Flooring
Carpet, Ceramic Tile, Vinyl
Foundation
Slab
Roof
Composition
Stories
1
Fireplaces
2
Fireplace Type
Brick, Gas Starter, Wood Burning
Street Utilities
City Sewer, City Water
Heating Cooling
Central Air-Elec, Central Heat-Gas
Exterior
Patio Open
Construction Material
Brick, Siding
Parking Garage
Covered
Total Num Parking
4
School District
Fort Worth Isd
Elementary School
Western Hills Elementary School
Middle School
Leonard Middle School
High School
Western Hills High School
Proposed Financing
Cash, Conventional, FHA, VA
Building Sq. Ft.
3122
Number of bldgs.
1
Number of units
2
Possession
Closing/Funding, Subject to Lease
Cap Rate
6.17

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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

Listing courtesy of Visions Realty & Investments.