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Active

$330,000

  • 6 beds
  • 4 baths
  • 0.14 acre lot

1409 and 1411 E Robert Street

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Listing data updated

About this home

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.

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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.

Bedrooms
6
Bathrooms
4
Lot size
0.14 acres
Garage spaces
0 spaces
Year built
2005
Property type
Duplex
Status
Active
MLS number
21384455

Listing courtesy of Great Real Estate, Inc.

Office phone 214-532-4009

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Interior

Bedrooms
6
Bathrooms
4

Exterior

Garage spaces
0

Lot

Lot size
0.14 acres

Building

Year built
2005
Property type
Duplex

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Listing courtesy of Great Real Estate, Inc.. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated