1409 and 1411 E Robert Street
Property Description
ATTENTION LANDLORDS & 1031-EXCHANGE INVESTORS! Incredible turn-key addition to your rental portfolio in the rapidly expanding Fort Worth market. This clean, well-maintained duplex features a strong operational history and an immediate revenue stream. Unit 1409 is currently occupied by a reliable tenant paying $1,550 per month. Unit 1411 is completely vacant, freshly prepped, and ready for immediate occupancy or easy showings. It was previously leased at $1,500 per month, bringing the total proforma gross income to an impressive $3,050 per month ($36,600 annually). Maximize your profit margins with zero utility friction: tenants pay 100% of their own electricity, water, and trash bills. Sitting at a strong proforma Net Operating Income (NOI) of over $27,800, this property offers an exceptional cap rate for modern market conditions. Positioned in a high-demand rental pocket with quick access to downtown Fort Worth, major highways, and local employment hubs. Vacant side is on a lockbox and available for effortless agent showings. Occupied side can be viewed with an accepted offer. Do not miss this low-maintenance asset. Schedule your tour of the vacant unit today! Buyer and buyer's agent to verify all information contained herein including dimensions, measurement, features, schools and HOA etc. Seller does not have a survey. Buyer may obtained a new survey at buyer's expense. Property is being sold AS-IS. Please DO NOT disturb tenants. 1411 E Robert (right unit) is a vacant and available for showing. No showing in 1409 E Robert (left unit) until accepted contract. Excludes: All tenants personal property.
Broker Details
Great Real Estate, Inc. (214) 245-2007
MLS ID: 0592131 State License Number: 0592131
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $330,000 |
| No. of Units: | 2 |
| Year Built: | 2005 |
| Opportunity Zone: | No |
| Price per unit: | $165,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-NTREIS-21384455
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