5329 Byers Ave, Fort Worth, Texas 76107

$1,695,000
8
BD
List Price
$1,695,000
Price Change
▼ $105,000 1634677285
MLS#
14658281
Status
ACTIVE
Type
Multifamily
Year Built
1962
Construction Status
Preowned
Bedrooms
8
Full Baths
8
Half Baths
2
Acres
0.286
County
Tarrant
City
Fort Worth
Subdivision
Chamberlain Arlington Heights
Building Name
Byers

Property Description

Located in the ultra-desirable neighborhood between Westover Hills and Camp Bowie Blvd in Fort Worth. Walking distance to the brand new Roy Pope Grocery store, also conveniently located within a short bike ride or drive to all the many business and restaurants on the bricks. Rare opportunity to not only live in one of the most highly-sought after areas of Ft. Worth, but to also off-set the expense of doing so by leasing out three other units to tenants. Investors can consider conversion to allow for separate sellable units. Value-add, as current tenants pay below market rent. 100% occupied many tenants have rented for 5 year+

Additional Information

HOA
No HOA
Amenities
Fireplace
Annual Insurance
10400
Gross Annual Expenses
47903
Gross Annual Income
91740
Lot Size
12,458
Acres
0.286
Subdivided
Yes
Interior Features
Cable TV Available, High Speed Internet Available, Multiple Staircases
Flooring
Carpet, Wood
Foundation
Other
Roof
Composition
Stories
2
Fireplace Type
Gas Starter, Other
Street Utilities
City Sewer, City Water
Heating Cooling
Central Air-Gas, Central Heat-Gas
Construction Material
Other
Parking Garage
Carport-Shared, Circle Drive, Common Lot, Covered, Front, Open, Outside Entry, Unassigned Spaces, Uncovered
Total Num Parking
8
School District
Fort Worth Isd
Middle School
Monnig
High School
Arlngtnhts
Building Sq. Ft.
7690
Number of bldgs.
2
Number of units
4
Occupancy Rate
100
Tenancy
Other
Possession
Closing/Funding, Negotiable, Subject to Lease
Cap Rate
2.59
Community Features
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Christie's Int'l ULTERRE.