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3216 Ellis Avenue

Fort Worth, TX 76106
  • $215,000
  • STATUS: Pending
  • ON SITE: 49 Days
  • MLS #: 20310094
Pending
UPDATED: 88 min ago
$215,000
  • 2
    BEDS
  • 0.24
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Braeden Wright of Jpar - Frisco: 972-836-9295.

Description

If you're looking for a buy and hold investment property that offers great potential for value-add opportunities, this duplex is a must-see. With two spacious units, each featuring 1 bedroom and 1 bathroom, this property offers excellent rental income potential.Currently, the rental rates for each unit fall below the market value. However, with some strategic updates and improvements, you could easily raise the rents to a comparable range of $1,100-1,400 per side, providing you with a solid return on your investment.Whether you're a seasoned real estate investor or just getting started, this duplex is an excellent opportunity to add a valuable property to your portfolio. Don't miss out on this chance to own a great investment property in a fantastic location. Contact us today to schedule a showing!

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© 2023 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 EXIT Realty Elite. 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 EXIT Realty Elite 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 2023-06-09T23:41:36.903.
www.exitelitedfw.com/homes/138786647
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3216 Ellis Avenue Fort Worth, TX 76106

  • Price: $215,000
  • Status: Pending
  • On Site: 49 Days
  • Updated: 88 min ago
  • MLS #: 20310094
2
Beds
2
Baths
0
½ Baths
0.24
Acres
1930
Built
Neighborhood:
Ellis M G Add
County:
Tarrant
Area:
Fort Worth
Elementary School:
Atwood
High School:
Arlngtnhts
School District:
FORT WORTH ISD
Property Description
If you're looking for a buy and hold investment property that offers great potential for value-add opportunities, this duplex is a must-see. With two spacious units, each featuring 1 bedroom and 1 bathroom, this property offers excellent rental income potential.Currently, the rental rates for each unit fall below the market value. However, with some strategic updates and improvements, you could easily raise the rents to a comparable range of $1,100-1,400 per side, providing you with a solid return on your investment.Whether you're a seasoned real estate investor or just getting started, this duplex is an excellent opportunity to add a valuable property to your portfolio. Don't miss out on this chance to own a great investment property in a fantastic location. Contact us today to schedule a showing!
Exterior Features

Construction Siding Foundation Slab Parking Or Garage Driveway Parking Spaces 4 Pool On Property No Roof Composition

Interior Features

Accessibility Features Accessible Doors Appliances Disposal Cooling Electric Fireplaces 0 Handicap YN Yes Heating Electric Interior Features Flat Screen Wiring

Property Features

Building Area Source Assessor Building Area Total 1100.00 Complex Name Ar Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 19200.00 HOA None Insurance Expense 1300 Intermediate School Name Mclean 6Th Levels One List MLSProvider Collin County Association Of Realtors Municipal Utility District No Net Operation Income 19200 Possession Closing/Funding Primary School Name Mg Ellis Property Type Duplex Unexempt Taxes 3883 Utilities City SewerCity Water Will Subdivide Subdivided

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 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 EXIT Realty Elite. 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 EXIT Realty Elite 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 2023-06-09T23:41:36.903.
 
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EXIT Realty Elite
931 S Church Street
Grapevine TX, 76051
Offered by Braeden Wright of Jpar - Frisco: 972-836-9295.