Duplex investment opportunity in south Fort Worth!

[John Mazzolini]

Fully occupied duplex, One side is at 800 and the other is at 900, both mth-mth. One side is a 3-2 & the other side is a 2-2. 2 bedroom will rent for 950 a mth and the 3 bedroom should rent for 1000-1050. Each side has a 1 car carport but has 3 walls covered so you could add a wall if you wanted to. Will need a new roof and some cosmetic updating on both sides. Both tenants are really wanting to stay so I would offer them a increase in rent or move.

NPO: 199,000

Rehab: 15,000 (roof and cosmetics)

Cost:$ 165,000 ALL-IN (includes all standard closing costs)

Bedrooms: 5
Bathrooms: 4
Garage: 2

Sq/Ft: 2240

Rents: current 1,700 and market is 1900-2000.