$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 TypeFor Sale
Sub-TypeResale
StatusPending - Show
Year1920
Days On Site22

Features

SQ Feet4,579
Units5
Building(s)1

Market Activity 76110

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Area Information
StateTX
CountyTarrant
CityFort Worth
Zip Code76110
AreaFW-CENTRAL WEST & SOUTHWEST(TCU) (107)
Listing VS Median (in 76110)
Price:
$450,000
low | high
Med:
$218,500
100% of Average
SqFt:
4,579
low | high
Med:
905
100% of Average
$ / SqFt:
$98
low | high
Med:
$241
95.675015346839% of Average
On Site:
22
low | high
Med:
86
25.581395348837% of Average
Sourced by Back At You
Listing Updated: March 5, 2021 8:05:12 PM PST
Alicia Chang LogoMLS Number: 14517028
Listing Provided By:
Alicia Chang  of  Jans Realty

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.