$800,000

Quadruplex In Fort Worth

  • 9 Beds
  • 4 Baths
  • 4,552 Sqft
  • 5,010 Sqft lot
  • Updated: Today
  • Source:
    North Texas Real Estate Information Systems (NTREIS)  MLS#21428349

About the Property

1501 W Morphy presents an attractive multifamily investment opportunity, combining 100% occupancy, stabilized cash flow, and a prime urban infill location in Fort Worth’s highly sought-after Fairmount neighborhood. Located just one block from Magnolia Avenue, this income-producing fourplex features a well-balanced unit mix consisting of three 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathro
1501 W Morphy presents an attractive multifamily investment opportunity, combining 100% occupancy, stabilized cash flow, and a prime urban infill location in Fort Worth’s highly sought-after Fairmount neighborhood. Located just one block from Magnolia Avenue, this income-producing fourplex features a well-balanced unit mix consisting of three 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit. Significant capital improvements include a roof replacement in 2014, along with plumbing, HVAC, and electrical upgrades completed in 2016. Residents benefit from walkable access to Magnolia Avenue’s popular dining and entertainment destinations, including Salsa Limón, Maggie’s R&R, Melt Ice Cream, and numerous other neighborhood amenities. With established in-place rental income, historical capital improvements, and proximity to Fort Worth’s Medical District and Near Southside, 1501 W Morphy offers investors the opportunity to acquire a stabilized multifamily asset in an established urban infill location. Capitalize on this opportunity to add a fully occupied, income-producing asset to your investment portfolio. Contact the listing broker for additional financial information, property details, and to discuss this investment opportunity.
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  • Property type

    Other

  • Year built

    1926

  • Price/sqft

    $175

Features

  • Investment Property
  • Parking

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1501 W Morphy Street, Fort Worth, Texas, United States View on Google Maps
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League Real Estate - Fort Worth

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League Real Estate - Fort Worth
Texas, United States
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League Real Estate - Fort Worth
Fort Worth, Texas, United States
View agency profile
Last updated
Today
First listed
November 6
Listing reference
21428349
Listing status
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