1409 and 1411 E Robert Street Fort Worth, TX 76104
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Ryan Southeast Add*
MLS Listing ID 21384455
Bedrooms 6
Full Baths 4
HOA Y/N None
Total Fin. Sqft 2100
Year Built 2005
Lot Size 6,011 Sqft
Acres 0.138
Property Sub-Type Duplex
Property Description
Unit 1409 is currently occupied by a reliable tenant paying $1,550 per month. Unit 1411 is completely vacant, freshly prepped, and ready for immediate occupancy or easy showings. It was previously leased at $1,500 per month, bringing the total proforma gross income to an impressive $3,050 per month ($36,600 annually).
Maximize your profit margins with zero utility friction: tenants pay 100% of their own electricity, water, and trash bills. Sitting at a strong proforma Net Operating Income (NOI) of over $27,800, this property offers an exceptional cap rate for modern market conditions.
Positioned in a high-demand rental pocket with quick access to downtown Fort Worth, major highways, and local employment hubs. Vacant side is on a lockbox and available for effortless agent showings. Occupied side can be viewed with an accepted offer. Do not miss this low-maintenance asset. Schedule your tour of the vacant unit today!
Buyer and buyer's agent to verify all information contained herein including dimensions, measurement, features, schools and HOA etc. Seller does not have a survey. Buyer may obtained a new survey at buyer's expense. Property is being sold AS-IS. Please DO NOT disturb tenants. 1411 E Robert (right unit) is a vacant and available for showing. No showing in 1409 E Robert (left unit) until accepted contract.
Excludes: All tenants personal property.
Location
State TX
County Tarrant
Direction US-287 S EXIT 15B.Take the RIVERSIDE DR Turn SLIGHT RIGHT onto S RIVERSIDE then right to E ROBERT ST. or from I35 to E.Berry to S.Riverside.
Interior
Interior Features Cable TV Available, Decorative Lighting
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile
Appliance Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Covered Patio/Porch
Fence Fenced, Wood
Utilities Available City Sewer, City Water, Concrete, Curbs
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Atwood
Middle Schools Dunbar
High Schools Southhills
School District Fort Worth Isd
Others
HOA Association Type None
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION