5116 Inverness Avenue

    Fort Worth, TX 76132
    • $320,000
    • STATUS: Active Under Contract
    • ON SITE: 55 days
    • MLS #: 14099487
    Under Contract
    UPDATED: 63 min ago
    $320,000
    • 7
      BEDS
    • 0.27
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Levi Mills of Prime Properties Realty.

    Description

    Solid investment opportunity is fully leased by a group home provider through January of 2021. The seller has completed significant upgrades including a new roof and siding, foundation repair which carries a transferable warranty, new HVAC and a garage conversion to bump the bedroom count up, upgraded electrical including gfci's, increased attic insulation, new gutters and more! Lawn maintenance, utilities and the first $100 of all repairs are the responsibilities of the tenant.

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    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lynn Wilson with Keller Williams DFW/Southlake. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Lynn Wilson with Keller Williams DFW/Southlake are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-07-20T17:41:35.127.
    www.northtexasarea.com/homes/95208725

    5116 Inverness Avenue Fort Worth, TX 76132

    • Price: $320,000
    • Status: Active Under Contract
    • Updated: 63 min ago
    • MLS #: 14099487
    7
    Beds
    4
    Baths
    0
    ½ Baths
    0.27
    Acres
    1971
    Built
    Neighborhood:
    Westcliff Add
    County:
    Tarrant
    Area:
    FW (South Of I20/Crowley)
    Elementary School:
    Bruceshulk
    Middle School:
    Wedgwood
    High School:
    Southwest
    School District:
    FORT WORTH ISD
    Property Description
    Solid investment opportunity is fully leased by a group home provider through January of 2021. The seller has completed significant upgrades including a new roof and siding, foundation repair which carries a transferable warranty, new HVAC and a garage conversion to bump the bedroom count up, upgraded electrical including gfci's, increased attic insulation, new gutters and more! Lawn maintenance, utilities and the first $100 of all repairs are the responsibilities of the tenant.
    Exterior Features

    Construction BrickSiding Exterior Features Covered Porch(Es)Patio OpenStorage Building Fence Wood Foundation Slab Lot Description Some Trees Lot Dimensions 96 X 134 Parking Or Garage Garage Parking Spaces 8 Pool On Property No Roof Composition

    Interior Features

    Fireplace Features Wood Burning Flooring CarpetCeramic TileConcreteWood Handicap YN No Heating Central Air-ElecCentral Heat-Elec Interior Features Window Coverings Kitchen Equipment Cooktop - ElectricDishwasherOven-ElectricRefrigerator Sq Ft Building 3436

    Property Features

    Building Area Source Owner Buildings 1 Complex Name Westcliff Construction Status Preowned Gross Annual Expenses 7100 Gross Annual Income 33600 HOA None Insurance Expense 1450 Municipal Utility District No Net Annual Income 26500 Possession Closing/Funding Property Type Mul-Full Duplex Proposed Financing CashConventional Unexempt Taxes 5227 Unit Count 2 Utilities City SewerCity WaterCurbs Will Subdivide No

    Listing information © 2019 North Texas Real Estate Information System.


    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lynn Wilson with Keller Williams DFW/Southlake. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Lynn Wilson with Keller Williams DFW/Southlake are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-07-20T17:41:35.127.
     
    Lynn Wilson with Keller Williams DFW/Southlake
    2106 E. State Hwy 114, Ste. 101
    Southlake TX, 76092
    Offered by Levi Mills of Prime Properties Realty.