901 Bessie Street, Fort Worth, Texas 76104

$650,000
8
BD
List Price
$650,000
MLS#
20567461
Status
ACTIVE
Type
Multifamily
Year Built
1966
Construction Status
Preowned
Bedrooms
8
Full Baths
4
Acres
0.13
County
Tarrant
City
Fort Worth
Subdivision
Union Depot Add
Building Name
Bessie Place

Property Description

Owner Financing Available for Clean LLC-Owned FW Quadplex! Seize this exceptional opportunity to own a pristine remodeled quadplex with flexible owner financing options. Key Features: Three units currently occupied with leases expiring at the end of May, offering the perfect timing to renew leases at higher rents for increased income potential. All tenants have paid double deposits, ensuring added security and peace of mind. Access top-notch property management services with favorable terms, including a low 7% management fee, ensuring hassle-free ownership. Additional income opportunity with shared laundry facilities featuring a washer and dryer, operable on either coin or complimentary basis for tenants. Each unit is equipped with separate electricity meters, promoting efficiency in billing and management. This is a rare chance to acquire a lucrative investment property with attractive financing and income-generating amenities. Act now to secure this promising investment opportunity!

Additional Information

Unexempt Taxes
$11,805
HOA
No HOA
Annual Insurance
2194
Total Annual Expenses
Capital Improvements, Insurance, Maintenance, Maintenance Grounds, Maintenance Structure, Manager, Professional Management, Vacancy Allowance
Gross Annual Expenses
27829
Gross Annual Income
67200
Lot Size
5,488
Acres
0.13
Lot Description
Corner Lot
Subdivided
No
Interior Features
Cable TV Available, Granite Counters, Kitchen Island
Flooring
Laminate
Foundation
Slab
Roof
Flat
Stories
2
Street Utilities
City Sewer, City Water
Heating Cooling
Electric
Construction Material
Brick
Parking Garage
Gated
Total Num Parking
4
School District
Fort Worth Isd
Elementary School
Van Zandt
Middle School
Morningsid
High School
Polytechni
Possession
Closing/Funding, Lease Outstanding
Building Sq. Ft.
2856
Number of bldgs.
1
Number of units
4
Possession
Closing/Funding, Lease Outstanding
Cap Rate
6.06
Community Features
Gated, Laundry

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Don Lawyer from eXp Realty LLC. Contact: 817-779-4919