Under contract

Active Under Contract

1951 Belmont Avenue

Fort Worth TX, 76164

$275,000


$152.52 per sqft

Under contract

Active Under Contract

5 Beds

3 Baths

1,803 sqft

Multi-family

Built in 1935

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.

20731963

MLS ID

January 10, 2025

Updated

Map

1951 Belmont Avenue
Fort Worth TX, 76164

Interior Features

Total Stories

1


Bedrooms

5


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Cable TV


Appliances

Electric Range, Gas Range, Gas Water Heater, Refrigerator


Floor Description

Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Electric, Zoned


Heating

Yes


Heating Description

Central, Electric, Zoned

Exterior/Building Features

Lot Size

0.11 Acres


Lot Features

Corner Lot


Roof

Composition


Sewer

Public Sewer

School Information

School District

Fort Worth ISD


High School

Northside


Elementary School

Manualjara

Other Property Details

Taxes

$4,253


Tax Frequency

Annually


Days on Market

115


Garage

Yes


Garage Spaces

2


Parking

Garage


Parking Total

2


View

No


County

Tarrant


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

1/10/2025

Under contract

10/26/2024

Price change

$275,000

-4%

Listed by Jarod Marcus with RE/MAX Trinity
Listing Contact: 817-310-5200 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 1/10/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 1/10/2025 at 9:46 PM UTC

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