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812 E Morningside Drive

Fort Worth, TX 76104
  • $228,000
  • STATUS: Active Option Contract
  • ON SITE: 15 Days
  • ID#: 20237008
Under Contract
UPDATED: 48 min ago
$228,000
  • 2
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1939
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Charles Billings of Exp Realty: 888-519-7431.

Description

This amazing income-producing property in Fort Worth, TX features two 1 bedroom 1 bathroom units. Each unit is currently occupied with a tenant; Tenant A paying $850 and Tenant B paying $750 per month. The average rent for a 1-bedroom apartment in Fort Worth, TX is $1,224 - so the potential to increase the rent to easily achieve an extra $100-$300 per month! Seller is responsible for Gas and Water utilities through rent; Buyer will be responsible for their own electricity bills. One unit has a newly installed shower which requires tiling - Seller is willing to provide a credit towards the completion of this work. Please review sellers disclosure for details on any updates since the sellers purchase. This could be your perfect opportunity to start investing in Real Estate!

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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 Homes By Lainie Real Estate Group. 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 Homes By Lainie Real Estate Group 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 2023-01-30T21:41:06.257.
www.homesbylainie.com/homes/136064277
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812 E Morningside Drive Fort Worth, TX 76104

  • Price: $228,000
  • Status: Active Option Contract
  • On Site: 15 Days
  • Updated: 48 min ago
  • ID#: 20237008
2
Beds
2
Baths
0
½ Baths
0.14
Acres
1939
Built
Neighborhood:
Ryan Southeast Add
County:
Tarrant
Area:
Fort Worth
Elementary School:
Morningsid
High School:
Wyatt Od
School District:
FORT WORTH ISD
Property Description
This amazing income-producing property in Fort Worth, TX features two 1 bedroom 1 bathroom units. Each unit is currently occupied with a tenant; Tenant A paying $850 and Tenant B paying $750 per month. The average rent for a 1-bedroom apartment in Fort Worth, TX is $1,224 - so the potential to increase the rent to easily achieve an extra $100-$300 per month! Seller is responsible for Gas and Water utilities through rent; Buyer will be responsible for their own electricity bills. One unit has a newly installed shower which requires tiling - Seller is willing to provide a credit towards the completion of this work. Please review sellers disclosure for details on any updates since the sellers purchase. This could be your perfect opportunity to start investing in Real Estate!
Exterior Features

Construction FrameWood Construction Materials Walls 3 Dock Permitted No Fencing Back Yard Foundation Pillar/Post/Pier Lot Description Acreage Parking Or Garage Common Pool On Property No Roof ShakeShingle Waterfront YN No

Interior Features

Appliances Gas CooktopGas OvenRefrigerator Attached Garage No Basement No Cooling Central Air Flooring Ceramic TileVinylWood Garage No Handicap YN No Heating Space Heater Interior Features Cable Tv Available Kitchen Equipment 888-519-7431

Property Features

Alarm Or Security Type Carbon Monoxide Detector(S)Fire Alarm Building Area Source Public Records Building Area Total 1620.00 Complex Name 812 E Morningside Construction Status Preowned Exclusions Tenants Property Gross Annual Expenses 500.00 Gross Annual Income 19200.00 HOA None Insurance Expense 75 Lake Pump No List MLSProvider Collin County Association Of Realtors Listing Terms CashContractConventional Municipal Utility District No Net Operation Income 19200 Possession 30-60 Days Property Type Duplex Tenancy No SmokingOver 9 MonthsPet Restrictions Unexempt Taxes 2777 Utilities City SewerCity Water Will Subdivide No

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 Homes By Lainie Real Estate Group. 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 Homes By Lainie Real Estate Group 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 2023-01-30T21:41:06.257.
 
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Homes By Lainie Real Estate Group
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Offered by Charles Billings of Exp Realty: 888-519-7431.