Multifamily For Sale

$120,000

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3111 Ellis Avenue

  • 4 beds
  • 2 baths
  • – sqft
  • 7,013 sqft lot
  • 1925 build
  • on site

12% CAP Rate Potential Investment Property in Center City Fort Worth. The property is 10 minutes from Downtown Fort Worth, 5 minutes from FW International Arprt, 5 minutes from I35 and Interstate 820, and 5 minutes from Historic Fort Worth Stockyards. Unit A was paying $600 per month; they have vacated. The tenant in Unit B pays $550 per month, their lease is up in January 2021, the Unit B tenant has indicated she would like to stay. Purchase and increase rents in Q1 2021. Buyer and or Buyer's Broker to verify all specifications including, but not limited to schools, livable area, zoning. Listing Broker not responsible for inaccuracies.

NTREIS logo Listing courtesy of NTREIS / Gregorio Real Estate Company

Last checked: Checking… • Last updated Feb 21, 2021 • Source: NTREIS

MLS# 14470793 —

Amenities & Taxes

The Building

Year Built:
1925
Area Source:
tax info
Built Details:
Preowned
Construction:
other, siding, wood
Roof:
Composition, Other
Foundation:
Other, Pier & Beam
SQFT Building:
1280
Number Of Units:
2
Stories in Building:
1
Handicap Accessible:
No

Interior

Interior Features:
Other

Financial & Terms

Possession:
Closing/Funding, Lease Outstanding

Location

Directions
From Downtown Fort Worth, take E 7th St to TX-280 Spur. Take I35 N Us 287 N to TX 183 NE 28th St, take Exit 54A. Continue on TX-183 W NE 28th St Dr to Ellis Ave
Latitude:
32.801878
Longitude:
-97.352595
Subdivision Name:
Ellis M G Add
MLS Area Major:
FW (SAGINAW/NORTHSIDE) (102)

The Property

Property Type:
Multi-Family
Property Sub Type:
MUL-Full Duplex
Lot Size Area:
0 Sqft
Lot Size Area:
7,013 Sqft
Lot Number:
6
Lot Features:
Interior Lot, Subdivision
Exterior Features:
other
Number of Buildings:
1
Complex Name:
ELLIS BLOCK 90 LOT 6
Fencing:
Chain Link
Waterfront:
No
Will Subdivide:
no

Listing Agent

Contact info:

Taxes

Tax Legal Description:
ELLIS, M G ADDITION BLOCK 90 LOT 6
Parcel Number:
00840092
Unexempt Taxes:
$1,287

Beds

Total Bedrooms:
4

Baths

Full Baths:
2

The Listing

Virtual Tour

Heating & Cooling

Heating:
Other, Window Unit

Utilities

Utilities:
City Sewer, City Water
Municipal Utility District
No

Appliances

Other Equipment:
Other

Schools

School District:
Fort Worth ISD
Elementary:
Atwood
Middle School:
Benbrook
High School:
Jarvis

Parking

Parking Spaces:
1
Parking Features:
Area Assigned, Assigned Spaces, Common Lot, Covered, Fence Assigned Lot, Front, On Street, Open, Other

Schools

Rating Details
5

Washington Heights Elementary School

  • Public
  • K-5
  • 0.1 mi
3

Kirkpatrick Middle School

  • Public
  • 6-8
  • 0.4 mi
2

Diamond Hill Jarvis High School

  • Public
  • 9-12
  • 1.0 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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Sale history

Date Event Source Price % Change
11/24/20
Relisted NTREIS $120,000
11/18/20
Pending NTREIS $120,000
11/12/20
Listed / Active NTREIS $120,000

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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