GREAT INVESTMENT OPPORTUNITY - CASH FLOW FIX/FLIP OR BUY/HOLD!!!

909 E Harvey Ave, Fort Worth, TX 76104

$1,300,000 After Repair Value -
$900,000 Asking Price -
$50,000 Cost of Repairs =
$350,000 Potential Profit

Property Details

Asking Price $900,000

After Repair Value $1,300,000

Costs of Repairs $50,000

Potential Profit $350,000

Living Area 4856 ft2

Property Type Multi-Family

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 1

Listed with Agent 0

Property Description

909 E Harvey, Fort Worth, TX11 units - 9 occupied - Rent Yielding $875 - $1,200/MAPN - - Building Area - 4,856 Sq Ft.Living Area - 4,856 Sq Ft.Gross Area - 4,856 Sq Ft.Garage Area - 1,049 Sq Ft.Timeline in selling: 1 1/2 monthsReason for selling: Too much upkeepAsking price ($900,000)Mortgage Amount: $0Listed on the MLS: YesMandatory HOA Fees: NoOccupancy Status: 9/11 TenantsPre-foreclosure / Foreclosure: N/ACondition of property: Good ConditionImmediate repairs: Not immediately but cosmetic will be neededMajor property damageUtilities available: PublicGreat investment property, immediately upon closing you start generating money. At almost 90% capacity with roughly $64,000 annually intake with existing tenant. Rent ranges from $875 - 1200/m. 2 unit are under renovation. There are long time tenants at this location. Fabulous opportunity with minimum repairs.** Agents & Buyer Referrals, please add your commissions to price paid for by the buyer **

Repairs Needed

Modernization is needed for this property. I. e. new roof, windows could be updated, and update flooring

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