1906 Grainger Street Active

Fort Worth,TX 76110

$ 575000

4 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Bellevue Hill Add

MLS Listing ID 20794348

Bedrooms 4

Full Baths 4

HOA Y/N None

Total Fin. Sqft 2640

Year Built 1922

Annual Tax Amount $7,002

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Quadruplex

Property Description

Back on the Market! Priced to sell. Previous Buyer couldn't arrange financing. Income-Producing Quadruplex in Prime Fort Worth Location. Located in the Hospital District near TCU, Magnolia Avenue, and Downtown Fort Worth. This quadruplex is in a high-demand rental area with access to shopping, dining, and more! This four-unit property, built in 1922, offers a blend of historic character and modern updates, making it an attractive option for tenants and investors. With 2,640 sq. ft. of rentable space, each unit features central HVAC, laminate flooring, and updated kitchens, ensuring low maintenance and tenant appeal. The property generates $52,440 in gross annual income with a 6.24% cap rate, making it a solid addition to any real estate portfolio. The common parking area provides off-street convenience for tenants, and the low-maintenance siding exterior minimizes upkeep costs. Whether you're a seasoned investor or looking to enter the rental market, this turnkey property offers strong cash flow and appreciation potential. Schedule your private tour today and capitalize on this exceptional investment.

Location

State TX

County Tarrant

Direction Use GPS

Interior

Interior Features Other

Heating Central,Electric

Cooling Central Air,Electric

Flooring Laminate

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 Siding

Schools

Elementary Schools Daggett

Middle Schools Daggett

High Schools Paschal

School District Fort Worth Isd

Others

Ownership see agent

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Virtual Tour https://www.zillow.com/view-imx/048fae86-0e5b-48f1-b97f-ea1cd6e8a421?wl=true&setAttribution=mls&initialViewType=pano

View More
Favorite Go Tour