Fort Worth, TX 76119,4926 Flamingo Road

$487,000

Est. payment /mo
Est.Price: ?

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4926 Flamingo Road Fort Worth, TX 76119

9,060 Sqft Lot

SOLD DATE : 04/18/2024

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Couch J T Add

MLS Listing ID 20511423

Sold Date 04/18/24

HOA Y/N None

Total Fin. Sqft 3120

Year Built 1986

Annual Tax Amount $9,843

Lot Size 9,060 Sqft

Acres 0.208

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

Appliance Other

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Green Wm

Middle Schools Forest Oak

High Schools Wyatt Od

School District Fort Worth Isd

Others

Ownership See Tax

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Eric Hacker • Briggs Freeman Sotheby's Int'l
Bought with Pamela Massey • Halo Group Realty LLC

Brian Haile

Broker Associate | License ID: 0648651

+1(254) 485-1827

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