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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Sunset Gardens Add
MLS Listing ID 20277284
Sold Date 05/05/23
Bedrooms 20
Full Baths 10
HOA Y/N None
Total Fin. Sqft 7150
Year Built 1980
Annual Tax Amount $13,335
Lot Size 8,102 Sqft
Acres 0.186
Property Description
This property portfolio consists of five contiguous duplexes in Fort Worth, Texas that were built between 1980 and 1984. All units consist of a two-bedroom, one-bathroom layout that includes a spacious living area, kitchen, and fenced back yard. Electric and water utilities are individually metered and paid for by tenants. These duplexes are located within 1.5 miles of the assembly plant for the Lockheed Martin F-35 fighter jet and are close to many major interstates within the area including I-820, I-30, I-20, I- 35W, and I-35E. Highlights include: Located in the Dallas-Fort Worth metro area - one of the most dynamic economies in the United States, roofs were replaced in 2018, opportunity to increase rents and portfolio performance, located less than 1.5 miles from Lockheed Martin Aeronautics headquarters and the assembly plant for the F-35 Lightning II Joint Strike Fighter, Multiple exit strategies in the future (can sell full portfolio or a portion), and more.
Location
State TX
County Tarrant
Direction Traveling North on I-820 from South Fort Worth, exit Clifford Street and take a right, take right on Ralph Street, properties are on your left.
Interior
Interior Features Other
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile, Vinyl
Appliance Dishwasher, Electric Range, Electric Water Heater
Heat Source Central, Electric
Exterior
Fence Wood
Utilities Available City Sewer, City Water
Roof Type Composition
Total Parking Spaces 40
Garage No
Building
Story One
Foundation Slab
Structure Type Siding
Schools
Elementary Schools North
Middle Schools Brewer
High Schools Brewer
School District White Settlement Isd
Others
Ownership See Tax
Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional, Other
Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional, Other
Financing Cash
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Bought with Kimberly Meyer • Coldwell Banker Realty