300 Emma St, Fort Worth, TX 76111

$260,000

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List Price: $260,000
Price Change: ▼ $10,000 1784349325
MLS#: 21322037
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Year Built: 1942
Construction Status: Preowned
Acres: 0.18
County: Tarrant
City: Fort Worth
Subdivision: Nies & Rouse Add
Building Name: N/A

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Property Description

Wow! A fantastic investment opportunity featuring a fully renovated, income-producing duplex situated on an oversized corner lot. The property includes a 2-bedroom, 1-bath unit currently leased at $1,500 a month on a new 2-year term. The second unit is a studio-style efficiency with a projected rental income of $1,050 a month; this unit is currently vacant by design, allowing the new owner total flexibility. Notably, the efficiency unit qualifies for a $1,260 monthly voucher through Tarrant County Housing (Section 8) based on the zip code. Extensive recent renovations include foundation repairs, a new roof, new LVP flooring, fresh interior and exterior paint, some updated windows, and new doors. Both units feature modern finishes, including new kitchen cabinets, granite countertops, new stainless steel appliances, updated bathrooms, new ceiling fans, and upgraded light fixtures. Climate control is provided by brand-new mini-split AC and heating units throughout. With a recent appraisal value of $280,000, this turnkey property is ready for immediate income generation.

214-207-3179 / 214-493-9103

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