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1951 Belmont Avenue, Fort Worth, TX 76164

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For Sale

$275,000

5 beds • 3 baths • 1,803 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $152.52
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Bargain price on this full duplex zoned multi-family, & is on 2 lots. When fully leased, brings great ROI in the neighborhood of 6.5% cash-on-cash. Both sides were renovated about 5 years ago. Vinyl plank floors throughout. Thermal pane windows, both water heaters replaced (one in 2022, the other in 2023), roof doesn't look that old. 3 HVAC systems- both air handlers in 1951 replaced in late 2022, one condensor replaced in 2023. Modern electrical panels. Utilities are separately metered. Small 2-car garage is divided, but can mean additional rent from the right tenant. Vacant side is 3 bedroom 2 bath, was most recently leased for $ 1275. Occupied side is 2 bedroom 1 bath, & is leased for $ 1095 through January 2025. 1953 unit includes a stacked washer-dryer & fridge. 1951 refrigerator is in the garage, should work. Selling AS-IS.
MLS# 20731963

Courtesy Of Real Estate Masters, LLC dba RE/MAX Masters, Listed By Jarod Marcus

(817) 310-5200

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Porch, Patio, Ceiling Fan, Cable Ready
  • Appliances
    Range, Range - Gas, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s), Zoned A/C
  • Floor Covering
    Vinyl
  • Heating System
    Central Furnace, Zoned
  • Lot Size
    0.12 Acres

Map and Directions

Directions to 1951 Belmont Avenue, Fort Worth, TX 76164

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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