5833 Shadydell Drive, Fort Worth, Texas 76135

$695,000
8
BD
List Price
$695,000
Price Change
▼ $5,000 1713944265
MLS#
20568486
Status
ACTIVE
Type
Multifamily
Year Built
1985
Construction Status
Preowned
Bedrooms
8
Full Baths
4
Half Baths
4
Acres
0.29
County
Tarrant
City
Fort Worth
Subdivision
SHADYDELL
Building Name
SHADYDELL TOWNHOMES

Property Description

LOCATION! LOCATION! Offering 2-story great brick fourplex with 100% occupancy. Nice floorplans with wood burning fireplaces, private fenced patios, covered parking and storage spaces. All kitchen appliances included. INCOME GENERATING PROPERTY in great condition. Each unit has 2 bedrooms with a full bathroom upstairs, downstairs offers the kitchen, spacious living, a half bath and a laundry area with full size washer and dryer connections. Each unit has 2 covered parking spaces in the rear of the building. The current average effective rent $1300, whereas the average market rent is $1500 plus. All occupied tenants are on annual lease and it will be a great opportunity to increase rent to generate more income during the lease renewals to improve the cashflow. DO NOT DISTURB TENANTS! *Showings will not be allowed unless the offer is executed and the proof of funds are submitted*

Additional Information

HOA
No HOA
Amenities
Fireplace
Annual Insurance
2632
Total Annual Expenses
Insurance, Maintenance, Professional Management
Gross Annual Expenses
15574
Gross Annual Income
62400
Lot Size
12,675
Acres
0.29
Subdivided
No
Interior Features
Walk-In Closet(s)
Flooring
Carpet, Ceramic Tile, Laminate
Foundation
Other
Roof
Asphalt
Stories
2
Fireplace Type
Living Room
Street Utilities
City Sewer, City Water
Heating Cooling
Electric
Construction Material
Brick, Siding
Parking Garage
Carport
Total Num Parking
8
School District
Eagle Mt-Saginaw Isd
Elementary School
Greenfield
Middle School
Ed Willkie
High School
Chisholm Trail
Possession
Closing/Funding
Building Sq. Ft.
4352
Number of bldgs.
1
Number of units
4
Occupancy Rate
100
Possession
Closing/Funding
Cap Rate
6.74

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Abdul Jameel Abdur Rahman from My Dream Home Helpers Realty. Contact: 214-264-2737