For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,792 sqft
Price per Sqft $195
Subdivision Barmac
MLS Listing ID 20270405
Sold Date 05/01/23
Bedrooms 4
Full Baths 2
HOA Y/N None
Total Fin. Sqft 1792
Year Built 1980
Annual Tax Amount $3,375
Lot Size 6,751 Sqft
Acres 0.155
Property Description
CASH FLOW Duplex with historic high occupancy. Recently updated 2 bedroom duplex has been modernized with granite counters, fresh paint, newer appliances & luxury vinyl plank floors throughout for easy maintenance. Long term repeat tenants with established leases at $1250mo per door. Background checks performed before tenant approval. 12mo+ of positive payment history. Over 6% cap rate with minimal expenses, taxes & insurance. Water is included in the monthly bill - tenant responsible for electric, sewer, lawn & trash through City. Room to increase rents with lease renewal based on other nearby unit leases. Located within walking distance to Weatherford College & Main St. Each unit includes a private fenced backyard. Virtual tour of similar unit available. Each door is 2 bed 1 bath & kitchen. Wford is just 25 min to FW & boasts a population of 50k+. Housing shortage is fueling rapid rent increases and low vacancy county wide. Txt ZEAL16 to 88000 for Virtual Tour link & rent rolls.
Location
State TX
County Parker
Direction South Main St From Court House. West On Park. Left On Rusk. Left On Lynn. Duplex Is On The Left. Drive by only - do not disturb or make contact with Tenants.
Interior
Interior Features Cable TV Available, Granite Counters, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Luxury Vinyl Plank
Appliance Dishwasher, Electric Range, Vented Exhaust Fan
Heat Source Central, Electric
Exterior
Exterior Feature Covered Patio/Porch
Fence Back Yard, Fenced, Wood
Utilities Available All Weather Road, City Sewer, City Water
Roof Type Composition
Parking Type Driveway, On Street, Open, Outside, Parking Pad, Paved, Shared Driveway, Side By Side
Total Parking Spaces 2
Garage No
Building
Lot Description Few Trees, Interior Lot
Story One
Foundation Slab
Structure Type Brick
Schools
Elementary Schools Curtis
School District Weatherford Isd
Others
Ownership Lynn Street Duplexes, LLC
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA
Listing Terms 1031 Exchange, Cash, Conventional, FHA
Financing Conventional
Special Listing Condition Aerial Photo, Owner/ Agent
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2024 North Texas Real Estate Information Systems.
Bought with Stefani Kovacevic • House Brokerage
GET MORE INFORMATION