1951 Belmont Avenue Active Save Request In-Person Tour Request Virtual Tour
Fort Worth,TX 76164
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,803 sqft
Price per Sqft $158
Subdivision North Fort Worth
MLS Listing ID 20731963
Bedrooms 5
Full Baths 3
HOA Y/N None
Total Fin. Sqft 1803
Year Built 1935
Annual Tax Amount $4,253
Lot Size 5,009 Sqft
Acres 0.115
Property Description
Bargain price on this full duplex zoned multi-family, & is on 2 lots. House needs some foundation work, & seller is selling AS-IS. Estimate to excavate the vacant side is in the transaction desk. When fully leased, brings great ROI in the neighborhood of 6.5% cash-on-cash (factoring 20K for foundation repairs). Both sides were renovated about 5 years ago. Vinyl plank floors throughout. Thermal pane windows, both water heaters replaced (one in 2022, the other in 2023), roof doesn't look that old. 3 HVAC systems- both air handlers in 1951 replaced in late 2022, one condensor replaced in 2023. Modern electrical panels. Utilities are separately metered. Small 2-car garage is divided, but can mean additional rent from the right tenant. Vacant side is 3 bedroom 2 bath, was most recently leased for $ 1275. Occupied side is 2 bedroom 1 bath, & is leased for $ 1095 through January 2025. 1953 unit includes a stacked washer-dryer & fridge. 1951 refrigerator is in the garage, should work.
Location
State TX
County Tarrant
Direction From Jacksboro Hwy, turn on 20th st., turn south on Belmont.
Interior
Interior Features Cable TV Available
Heating Central,Electric,Zoned
Cooling Ceiling Fan(s),Central Air,Electric,Zoned
Flooring Vinyl
Appliance Electric Range,Gas Range,Gas Water Heater,Refrigerator
Heat Source Central,Electric,Zoned
Exterior
Exterior Feature Covered Patio/Porch
Garage Spaces 2.0
Fence Chain Link
Utilities Available City Sewer,City Water,Sidewalk
Roof Type Composition
Parking Type Garage
Total Parking Spaces 2
Garage Yes
Building
Lot Description Corner Lot
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Frame,Wood
Schools
Elementary Schools Manualjara
Middle Schools Elder
High Schools Northside
School District Fort Worth Isd
Others
Ownership Sanuki Enterprises LLC
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional