1951 Belmont Avenue Active

Fort Worth,TX 76164

$ 275000

5 Beds

3 Baths

1803 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,803 sqft

Price per Sqft $152

Subdivision North Fort Worth

MLS Listing ID 20731963

Bedrooms 5

Full Baths 3

Year Built 1935

Annual Tax Amount $4,253

Lot Size 5,009 Sqft

Property Description

Bargain price on this full duplex zoned multi-family, & is on 2 lots. When fully leased, brings great ROI in the neighborhood of 6.5% cash-on-cash. Both sides were renovated about 5 years ago. Vinyl plank floors throughout. Thermal pane windows, both water heaters replaced (one in 2022, the other in 2023), roof doesn't look that old. 3 HVAC systems- both air handlers in 1951 replaced in late 2022, one condensor replaced in 2023. Modern electrical panels. Utilities are separately metered. Small 2-car garage is divided, but can mean additional rent from the right tenant. Vacant side is 3 bedroom 2 bath, was most recently leased for $ 1275. Occupied side is 2 bedroom 1 bath, & is leased for $ 1095 through January 2025. 1953 unit includes a stacked washer-dryer & fridge. 1951 refrigerator is in the garage, should work. Selling AS-IS.

Location

State TX

County Tarrant

Interior

Heating Central,Electric,Zoned

Cooling Ceiling Fan(s),Central Air,Electric,Zoned

Flooring Vinyl

Exterior

Exterior Feature Covered Patio/Porch

Garage Spaces 2.0

Fence Chain Link

Utilities Available City Sewer,City Water,Sidewalk

Roof Type Composition

Building

Lot Description Corner Lot

Story One

Foundation Pillar/Post/Pier

Structure Type Frame,Wood

Schools

Elementary Schools Manualjara

Middle Schools Elder

High Schools Northside

School District Fort Worth Isd

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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