$275,000
MULTIPLE OFFERS RECVD - OFFER DEADLINE IS THURS 0CT 8 AT 5PM. INVESTOR OPPORTUNITY. FULL DUPLEX WITH CASH-FLOW AND LONG-TERM UPSIDE! Located in Fort Worth’s 76106 rental corridor, this 2006 built duplex offers two units, each with 3 bedrooms and 1 bath. Both sides have previously leased for $1,200 per month, providing an established rental history with potential opportunity to increase income as rents are brought in line with current market conditions.
The numbers make this location especially interesting for a buy and hold investor. More than half of occupied households in 76106 are renter occupied, while the Diamond Hill Jarvis area reports housing vacancy around 6.9%. Current data places the average 3 bedroom in 76106 at $1,599 per month, creating a compelling opportunity to evaluate the property's existing rents against today's market.
The long term story may be even more attractive. This North Fort Worth location sits near some of the city's most significant growth and redevelopment areas, including the Stockyards and the planned 300+ acre Panther Island redevelopment just north of Downtown. The Stockyards now attracts more than 10 million visitors annually, while continued public and private investment throughout Fort Worth's urban core creates an appealing backdrop for investors seeking appreciation potential over a longer holding period.
With two rentable units under one roof, no HOA, a 2006 construction date and a location convenient to I-35W, the Stockyards and Downtown Fort Worth, 3100 Hale offers investors the combination they look for: income potential today, an opportunity to improve returns over time, and exposure to continued investment in the surrounding North Fort Worth area.
Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
6
Beds
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2
Baths
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21393742
MLS
3100 Hale Ave, Fort Worth
