2400 Ross Avenue presents an attractive residential investment opportunity, combining 100% occupancy, established rental income, and a desirable urban infill location in Fort Worth's Northside neighborhood. This fully occupied property consists of four detached, single-family residences, each featuring a 1-bedroom, 1-bathroom layout, providing investors with a unique opportunity to acquire… Read More multiple residential assets under single ownership. Significant capital improvements completed in 2019 include upgrades to the roofs, plumbing, HVAC, and electrical systems. Strategically positioned near the historic Fort Worth Stockyards, residents benefit from convenient access to an extensive selection of restaurants, retail, shopping, and entertainment destinations, along with proximity to Downtown Fort Worth and major employment centers. With stabilized occupancy, in-place rental income, historical capital improvements, and a well-positioned location near one of Fort Worth's most recognizable entertainment districts, 2400 Ross Avenue offers investors the opportunity to acquire an income-producing residential investment with long-term potential. Contact the listing broker for additional financial information, property details, and to discuss this investment opportunity. Read Less
Courtesy of League Real Estate Ross Utley 817-523-9113.
Data source: NTREIS
Listing Snapshot
Days Online
3
Last Updated
Property Type
MultipleParcels
Beds
4
Full Baths
4
Square Ft.
2,196
Lot Size
0.24 Acres
Year Built
1920
MLS Number
21427784
Additional Details
Building
Built in 1920, Year Built Details: Preowned, 4 buildings, Levels: One
Expenses
Insurance: $4,775
Income
Gross Income: $72,277, Net Operating Income: $35,216
Lot
0.241 acres
Parking
6 total parking spaces, ParkingLot
Pool
None
Property
Resale
Roof
Composition
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 00829099, Annual Amount: $4,203, Tax Block: 17, Legal Description: ELLIS, M G ADDITION BLOCK 17 LOT 24 24 S1/2 2, Lot: 24
Utilities
SewerAvailable, WaterAvailable, Water Source: Public
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