4926 Flamingo RD, Fort Worth, TX 76119

$487,000

Est.Price: ?

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Est. payment /mo

3,120 SqFt


SOLD DATE : 04/18/2024

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $156

Subdivision Couch J T Add

MLS Listing ID 20511423

Sold Date 04/18/24

HOA Y/N No

Year Built 1986

Annual Tax Amount $9,843

Lot Size 9,060 Sqft

Acres 0.208

Property Sub-Type Quadruplex

Property Description

Ready to negotiate! A valuable asset for any portfolio, this quadruplex investment opportunity is exceptional. Consisting of four distinct units, each featuring two bedrooms, one full bath, and one half bath, it boasts versatility and potential. With approximately 780 sqft per unit, current rents stand at $1,120, with the average market value expected to increase to approximately $1,400 per month. Ideally situated near public transportation, shopping, and dining options, it caters to tenants seeking both comfort and convenience. Investors can anticipate long-term capital appreciation, with the option to gradually increase rents, ensuring a stable and profitable investment for years to come. Approved for Section 8 and professionally managed by a property management company with excellent tenant relationships, this quadruplex offers a hassle-free investment opportunity. Don't miss out on the chance to enrich your portfolio with these thriving quadruplex properties!

Location

State TX

County Tarrant

Direction GPS

Interior

Interior Features Other

Heating Central, Electric

Cooling Central Air, Electric

Flooring Other

Fireplace No

Exterior

Parking Features Parking Lot

Pool None

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 4

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Green Wm

Middle Schools Forest Oak

High Schools Wyatt Od

School District Fort Worth Isd

Others

Tax ID 05843200

Financing Conventional

Special Listing Condition Standard

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Nearby Locations

Pamela Carter
Pamela Carter

Agent

+1(214) 226-7477 | pamela.carter@exprealty.com

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