$104,900

3445 Frazier Ave

Fort Worth TX, 76110

Description

Value added income producing triplex! Proforma CAP rate of over 9%. Opportunity to improve property and increase rent. Keep as rental or convert to single family residence. SFR in same subdivision sold for $178 sq ft. Two Miles from TCU. All units are 1 bedroom, 1 bath efficiencies with kitchen. Property is 100% occupied. Unit A is rented at $585 monthly and lease expires in July 2020. Units B & C are rented at $520 each and lease expires in April 2020. All utilities are paid by the owner. Drive by, but DO NOT disturb occupants! Cash or Hard Money only! Make an offer! Home is being sold AS IS. No survey available.

Details

MLS#14161929
Sub-TypeResale
StatusPending - Show
Year1926
Days On Site38

Features

SQ Feet1,428
Units3
Building(s)1

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Area Information

StateTX
CountyTarrant
CityFort Worth
Zip Code76110
AreaFW-CENTRAL WEST & SOUTHWEST(TCU) (107)
Listing VS Median (in 76110)
Price:
$104,900
low | high
Med:
$239,000
77.836034318398% of Average
SqFt:
1,428
low | high
Med:
1,438
49.299719887955% of Average
$ / SqFt:
$73
low | high
Med:
$166
76.304031017852% of Average
On Site:
38
low | high
Med:
69
55.072463768116% of Average
Listing Updated: 09/20/2019
MLS Number: 14161929
Listing Provided By:
Michael Garner  of  Fathom Realty

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.