$450,000
2710 Hemphill St,
Fort Worth TX, 76110
Description
Great opportunity for investors to renovate this charming brick 5-plex! New roof, new siding, new ducting, new framing, several new windows, plus some electrical and plumbing work have been completed. Zoned commercial in a Fort Worth Neighborhood Empowerment Zone (NEZ). After the buyer obtains the NEZ status, they may qualify for municipal tax abatements and numerous city fee waivers. Details in supplements. The current architectural plans provide for 1 two-bedroom and 4 one-bedroom units for a total of 6 bedrooms, 5.5 baths. After work is completed, the 5 units are estimated to rent for a total of $5400 monthly. Plenty of room behind the property for parking. Close to TCU as well!
Details
| MLS# | 14517028 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending - Show |
| Year | 1920 |
| Days On Site | 22 |
Features
| SQ Feet | 4,579 |
|---|---|
| Units | 5 |
| Building(s) | 1 |
Market Activity 76110
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| Area Information | |
|---|---|
| State | TX |
| County | Tarrant |
| City | Fort Worth |
| Zip Code | 76110 |
| Area | FW-CENTRAL WEST & SOUTHWEST(TCU) (107) |
| Listing VS Median (in 76110) | |
Price: $450,000 low | high Med: $218,500 SqFt: 4,579 low | high Med: 905 $ / SqFt: $98 low | high Med: $241 On Site: 22 low | high Med: 86 Sourced by Back At You | |
Listing Updated: March 5, 2021 8:05:12 PM PST
MLS Number: 14517028Listing Provided By:
Alicia Chang of Jans Realty