Desirable investment duplex near TCU campus. The front unit features 2 bedrooms, 1 bathroom, and a fully updated kitchen with granite countertops and new appliances. The back unit is a convenient studio with 1 bedroom, 1 bathroom, and similar kitchen amenities. The front unit boasts original hardwood flooring for easy maintenance and cost-effective tenant turnovers. Includes washer and dryer in each unit. Benefit from a strong rental history, with both units consistently occupied by college students or employees. Opportunity to increase revenue by adjusting rents. The current lease is valid until July 7, 2024. The property includes a detached garage, perfect for additional storage or rentable for extra income. It is Ideal for investors seeking a stable, income-producing property in a prime location with highly valuable land, with lots of buildings in the area being torn down and rebuilt.
Property Features
Bedrooms
Appliances
- Dishwasher
- Dryer
- Gas Range
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central Air, Wall Unit(s)
- Heating Features: Central
Bathrooms
Interior Features
Land Info
- Lot Size Acres: 0.144
- Lot Size Square Feet: 6273
Garage and Parking
- Parking Features: Driveway, Gravel
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
School Information
- Elementary School: Clayton Li
- High School: Paschal
- Middle School: Mclean
- School District: Fort Worth ISD
Rental Info
Other Property Info
- Source Listing Status: Active
- County: Tarrant
- Directions: 2824 Frazier Ave, Fort Worth
- Source Property Type: Residential Income
- Insurance Expense: 2000
- Source Neighborhood: Frisco Heights Add
- Parcel Number: 01024167
- Subdivision: Frisco Heights Add
- Property Subtype: Duplex
- Source System Name: C2C
Commercial Info
- Net Operating Income: 26407
- Operating Expense Includes: Gardener, Maintenance, Pest Control, Professional Management, Utilities
Building and Construction
- Total Square Feet Living: 1550
- Year Built: 1940
- Building Area Total: 1550
- Construction Materials: Construction: Frame
- Foundation Details: Pillar/Post/Pier
- Levels: One
- Property Age: 84
- Roof: Composition, Shingle
- Year Built Details: Preowned
Utilities
- Utilities: City Sewer, City Water