Don't miss your chance to add this cash-flowing asset to your portfolio!! Located just 10 minutes from TCU, this duplex offers a unique opportunity to rent out a back apartment ADU to maximize rental income! The left side of the duplex is a large, two-story, 3-bedroom, 2.5-bath unit currently rented well below market rent at $1,150 per month, with market rents supporting $2,000 as-is. The right side is a one-story, 2-bedroom, 2-bath unit currently rented well below market rent at $1,235 per month, with market rents supporting $1,300 as-is. The back apartment needs a complete renovation, but once completed, market rents support $700 per month. With a total income potential of $4,000 per month and the main house not requiring any work, this property is an excellent buy-and-hold opportunity for an investor or house hacker. Schedule a showing today!
Property Type :
Residential Income
Subdivision :
Red Oak Estate
County :
Tarrant
Style :
Residential Income
Sell a home like this and save $24,251 Find Out How
Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2024. All rights reserved
ByOwner last updated this listing 06/02/2024 @ 17:13
MLS: 439023186
LISTED BY: Matt Solis, Epique Realty LLC
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
