Value added income producing triplex! Proforma CAP rate of over 9%. Opportunity to improve property and increase rent. Located in booming area near downtown, Magnolia street and hospital district. Keep as rental or convert to single family residence. SFR in same subdivision sold for $178 sq ft. Two Miles from TCU. All units are 1 bedroom, 1 bath efficiencies with kitchen. Property is 100% occupied. Unit A is rented at $585 monthly and lease expires in July 2020. Units B & C are rented at $520 each and lease expires in April 2020. All utilities are paid by the owner. Drive by, but DO NOT disturb occupants! Make an offer!
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3445 Frazier Avenue, Fort Worth, TX 76110 (MLS# 14161929) is a
Triplex property with 1 bedroom, 1 full bathroom and 1 partial bathroom.
3445 Frazier Avenue is currently listed for $104,900 and was received on August 14, 2019.
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