1522 Lee Ave

Fort Worth, TX 76164
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7 Bedroom(s)
6 Full Bath(s)
7,000 Lot Sqft
Multi-Family - 5 Plus

Audio narrative

Description

This property represents an exceptional investment opportunity in Northside Fort Worth, boasting robust cash flow potential. The multifamily complex includes a main house with 2 bedrooms, 2 bathrooms, a spacious living area, and kitchen, alongside 6 additional apartments. Five of these apartments feature a 1-bedroom, 1-bathroom layout, while one offers 2 bedrooms and 1 bathroom. Situated just 4 minutes from the Fort Worth Stockyards and a brief 8-minute drive from Downtown Fort Worth, its location enhances its attractiveness for tenants and investors alike. Currently, all units are leased on a month-to-month basis. Current tenant rental collectively $5,600 per month, showcasing strong income potential even without leasing the main home. With such compelling numbers, this opportunity is not to be overlooked. Don't hesitate – seize this chance to secure a solid investment in a thriving area. Information deemed reliable but not guaranteed

MLS#
NTREIS-20673366
List Price
$529,000
Listing Status
For Sale
Address
1522 Lee Ave
City
State
TX
Zip Code
Subdivision
NORTH FORT WORTH
Property Type
Multi-Family - 5 Plus
Bedroom
7 Bedroom(s)
Bath
6 Full Bath(s)
Stories
2
Year Built
1910 /Appraisal District
Lot Size
7,000 Sqft./Appraisal District

Exterior

Roof
Metal
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Concrete, Other, Siding, Stucco
Parking
Other
Fencing
Metal
Utility
City Sewer, City Water

Interior

Floors
Ceramic Tile, Other
Cooling
Central Air, Other
Heating
Central, Other
Appliances
Gas Range, Other
Interior
Decorative Lighting

Lot information

Lot Size
7,000 Sqft. /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

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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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 Jul 22, 2024 at 11:47 PM
Listing last updated Jul 22, 2024 at 08:18 PM
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1522 Lee Ave, Fort Worth, TX 76164. View photos, map, tax, nearby homes for sale, home values, school info...

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