1409 And 1411 E Robert Street,Fort Worth, TX 76104
Fort Worth, TX 76104
Description
ATTENTION LANDLORDS & 1031-EXCHANGE INVESTORS! Incredible turn-key addition to your rental portfolio in the rapidly expanding Fort Worth market. This clean, well-maintained duplex features a strong operational history and an immediate revenue stream. Unit 1409 is currently occupied by a reliable tenant paying $1,550 per month. Unit 1411 is completely vacant, freshly prepped, and ready for immediate occupancy or easy showings. It was previously leased at $1,500 per month, bringing the total proforma gross income to an impressive $3,050 per month ($36,600 annually). Maximize your profit margins with zero utility friction: tenants pay 100% of their own electricity, water, and trash bills. Sitting at a strong proforma Net Operating Income (NOI) of over $27,800, this property offers an exceptional cap rate for modern market conditions. Positioned in a high-demand rental pocket with quick access to downtown Fort Worth, major highways, and local employment hubs. Vacant side is on a lockbox and available for effortless agent showings. Occupied side can be viewed with an accepted offer. Do not miss this low-maintenance asset. Schedule your tour of the vacant unit today! Buyer and buyer's agent to verify all information contained herein including dimensions, measurement, features, schools and HOA etc. Seller does not have a survey. Buyer may obtained a new survey at buyer's expense. Property is being sold AS-IS. Please DO NOT disturb tenants. 1411 E Robert (right unit) is a vacant and available for showing. No showing in 1409 E Robert (left unit) until accepted contract. Excludes: All tenants personal property.
Details
| MLS # | 21384455 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2005 |
| Days On Site | 7 |
| Listing Provided By | Great Real Estate, Inc. | Maria Madigan |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| Story(s) | 1 |
| Units | 1 |
| Building(s) | 1 |
| Acreage | 0.14 |
Interior
| Cooling | Central Air, Electric |
|---|---|
| Heating | Central, Electric |
| Interior Features | Cable TV Available, Decorative Lighting |
| Appliances | Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator |
Exterior
| Exterior Features | Covered Patio/Porch |
|---|---|
| Roof | Shingle |
| Security Features | Security System |
| Construction Materials | Brick |
| Foundation Details | Slab |
Parking
| Garage Yn | 0 |
|---|---|
| Parking Features | Assigned |
Utilities
| Utilities | City Sewer, City Water, Concrete, Curbs |
|---|
Taxes
| Tax Lot | 34 |
|---|---|
| Tax Block | 20 |
| Tax Legal Description | Ryan Southeast Add* |
Area Information
| State | TX |
|---|---|
| County | Tarrant |
| City | Fort Worth |
| Zip Code | 76104 |
| Area | Tarrant |
| Community Name | Ryan Southeast Add* |
| School District | Fort Worth ISD |
| Elementary School | Atwood |
| High School | Southhills |
| Listing VS Median (in Ryan Southeast Add*) | |
Price: $330,000 low | high Med: $0 On site: 7 low | high Med: | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Tarrant |
| City | Fort Worth |
| Zip Code | 76104 |
| Area | Tarrant |
| Community Name | Ryan Southeast Add* |
| School District | Fort Worth ISD |
| Elementary School | Atwood |
| High School | Southhills |
| Listing VS Median (in Ryan Southeast Add*) | |
Price: $330,000 low | high Med: $0 On site: 7 low | high Med: | |
Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
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