1120 Galveston Ave

Fort Worth, TX 76104
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9 Bedroom(s)
9 Full & 5 Half Bath(s)
0.11 Lot Acres
Multi-Family - 5 Plus

Audio narrative

Description

CALLING LONG TERM AND SHORT TERM RENTAL AIRBNB INVESTORS . Welcome to the opportunity in the heart of Fort Worth with these 5 Units CLASS A fully occupied Zoned for commercial use, allowing for flexible operation including short-term rentals such as Airbnbs. These 5 units are ready to go , with two currently operating as successful Airbnbs and the remaining three leased as long-term rentals, ensuring diversified and steady revenue streams. Strategically situated within walking distance to the vibrant Magnolia Street, known for its eclectic mix of dining, shopping, and entertainment options, and close to the Medical District, a major employment hub, this property guarantees high demand for both short-term and long-term rentals. Benefit from the balanced mix of rental income and enjoy the future potential to convert more units into short-term rentals or maintain the current structure based on market trends.

MLS#
NTREIS-20627805
List Price
$2,095,000
Listing Status
For Sale
Address
1120 Galveston Ave
City
State
TX
Zip Code
Subdivision
Moodie & Evans #1 Sub
Property Type
Multi-Family - 5 Plus
Bedroom
9 Bedroom(s)
Bath
9 Full & 5 Half Bath(s)
Garages
9 / Attached
Stories
3
Year Built
2021 /Appraisal District
Lot Size
0.11 Lot Acres/Appraisal District
Maintenance Fee
$1,500 / Monthly

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Fiber Cement, Vinyl Siding
Parking
Garage Single Door, Additional Parking, On Site
Parking Space
Garage 9 / Carport 0 / Total Covered 9
Utility
City Sewer, City Water, Electricity Connected

Interior

Floors
Ceramic Tile, Luxury Vinyl Plank, Other
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Washer
Security System
Security System, Smoke Detector(s)
Interior
High Speed Internet Available

Lot information

Lot Size
0.11 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Maintenance Fee
$1500/Monthly
Maint Fee Includes
Maintenance Grounds, Maintenance Structure, Management Fees

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Mortgage

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Estimated Monthly Payments

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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Jun 29, 2024 at 11:17 PM
Listing last updated Jun 18, 2024 at 09:00 AM
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1120 Galveston Ave, Fort Worth, TX 76104. View photos, map, tax, nearby homes for sale, home values, school info...

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