Description
Investor special!! 2-for-the-price-of-1 rental properties!! (and it's hard to even find a single family at that price!) this multi-unit property is being sold at a 15%+ cap rate. this oversized, corner lot near tcu and zoned for pascal high school has the location and the perfect revenue generating set-up for your next investment. beautiful mature trees and ample street parking make this quiet neighborhood an easy pick.
the front house is a historic 2-1 with a spacious, fenced-in backyard, brick fireplace and is ready for rental with minor cosmetic repairs. the back house is a 1-1 tiny home also ready to rent with it's own front patio, fenced-in backyard and in-unit laundry. the air conditioners in both units are new within the last 2 years. the property is being sold as is with appliances conveying with the property to keep your start-up expenses low!
Property Type
Residential IncomeSubdivision
South Summit Heights AddCounty
TarrantStyle
Residential IncomeAD ID
50363475
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 3
- Window Features: Bay Window(s),Window Coverings
Bathroom Information
- Total Baths: 2
- Full Baths: 2
- Half Baths: 0
Interior Features
- Walk-In Closet(s)
Appliances
- Disposal,Dryer,Gas Range,Refrigerator
Utilities
- City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter
Cooling Features
- Central Air,ENERGY STAR Qualified Equipment
Heating Source
- Natural Gas
Fireplace
- Number of Fireplaces: 1
- Fireplace Features: Brick,Living Room
-
Exterior Features
Building Information
- Built Year: 1936
- Building Area Total: 1,015
- Construction: Fiber Cement
- Roof Type: Composition
Exterior Features
- Fire Pit,Private Yard
Foundation
- Pillar/Post/Pier
Security Features
- Security System
Patio And Porch
- Covered,Deck
Fencing
- Metal,Wood
Construction Materials
- Fiber Cement
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 0.1440
- Lot Size Units: Acres
- Lot Size Square Feet: 6272.6400
- Lot Size Source: Public Records
- Lot Features: Corner Lot,Few Trees,Lrg. Backyard Grass
Property Information
- Property Type: Residential Income
- Property Sub Type: Multiple Single Units
- Subdivision: South Summit Heights Add
- City: Fort Worth
- State: Texas
- Directions: Exit Berry from I-35W and head west on Berry. Turn left on Stanley, front house is 3400 Stanley Ave. Turn right on Orange Ave. to see back house at 1803 Orange Ave.
- Property Status: Active Option Contract
-
Listing Information
Listing Price Information
- Original List Price: $265,000
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
Tax Information
- Parcel Number: 02902044
- Tax Block: 1
- Tax Legal Description: SOUTH SUMMIT HEIGHTS ADDITION BLOCK 1 LOT 32
- Tax Lot: 32
- Unexempt Taxes: $3,122
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 6
- Parking Features: On Street
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Conteras
- Middle School: Mclean
- High School: Paschal
- School District: Fort Worth ISD
Utility Information
- Utilities: City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter
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BuyOwner last updated this listing 07/19/2025 @ 14:35
- MLS: 457824882
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 3 bedrooms which is recently sold, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.