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

HOA Y/N None

Total Fin. Sqft 1803

Year Built 1935

Annual Tax Amount $4,253

Lot Size 5,009 Sqft

Acres 0.115

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

Direction From Jacksboro Hwy, turn on 20th st., turn south on Belmont.

Interior

Interior Features Cable TV Available

Heating Central,Electric,Zoned

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

Flooring Vinyl

Appliance Electric Range,Gas Range,Gas Water Heater,Refrigerator

Heat Source Central,Electric,Zoned

Exterior

Exterior Feature Covered Patio/Porch

Garage Spaces 2.0

Fence Chain Link

Utilities Available City Sewer,City Water,Sidewalk

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Lot Description Corner Lot

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Frame,Wood

Schools

Elementary Schools Manualjara

Middle Schools Elder

High Schools Northside

School District Fort Worth Isd

Others

Ownership Sanuki Enterprises LLC

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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