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2701 Hemphill Street

Fort Worth, TX 76110
  • $2,100,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 20242073
UPDATED: 53 min ago
$2,100,000
  • 20
    BEDS
  • 0.34
    ACRES
  • 20
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1961
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Judy Andujar of Navigate Management Co. Llc: 469-865-8350.

Description

CALL FOR OFFERS. 2.8.23. WEDNESDAY, 5 PM. Investor GEM. If you know... you know. Location, land value, and excellent resident retention. Ready to cash flow! The Fontaine Apartments. 20 units total, 15 completed updated, 5 some updates (long term residents). All 1 bed 1 bath. Close to Magnolia District, TCU, and public transportation. Fully renovated boutique style community. All brand new flooring, tile, paint, and fixtures!!! Great sized bedroom and bathroom, plenty of storage and walk in closet space in each unit! Large windows allow for plenty of natural light. Most kitchens have all new stainless steel appliances and nook area. Retro-feel community designed with modern landscaping and washer, dryer on site. Many residents RUBS. Attached docs with complete list of updates and financials. MAJOR work Exterior (2020) Electric, new wiring and panel(2020) Mini Split HVACs(2021) Plumbing(2022) Cosmetic Renovations done over last 3 years. Offering Memoradum available from Judy Andujar.

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tharp Real Estate Group | JP & Associates Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Tharp Real Estate Group | JP & Associates Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-02-06T19:41:44.587.
www.tharprealestategroup.com/homes/136212018
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2701 Hemphill Street Fort Worth, TX 76110

  • Price: $2,100,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 53 min ago
  • MLS #: 20242073
20
Beds
20
Baths
0
½ Baths
0.34
Acres
1961
Built
Neighborhood:
South Hemphill Heights Add
County:
Tarrant
Area:
Fort Worth
Elementary School:
Morningsid
High School:
Polytechni
School District:
FORT WORTH ISD
Property Description
CALL FOR OFFERS. 2.8.23. WEDNESDAY, 5 PM. Investor GEM. If you know... you know. Location, land value, and excellent resident retention. Ready to cash flow! The Fontaine Apartments. 20 units total, 15 completed updated, 5 some updates (long term residents). All 1 bed 1 bath. Close to Magnolia District, TCU, and public transportation. Fully renovated boutique style community. All brand new flooring, tile, paint, and fixtures!!! Great sized bedroom and bathroom, plenty of storage and walk in closet space in each unit! Large windows allow for plenty of natural light. Most kitchens have all new stainless steel appliances and nook area. Retro-feel community designed with modern landscaping and washer, dryer on site. Many residents RUBS. Attached docs with complete list of updates and financials. MAJOR work Exterior (2020) Electric, new wiring and panel(2020) Mini Split HVACs(2021) Plumbing(2022) Cosmetic Renovations done over last 3 years. Offering Memoradum available from Judy Andujar.
Exterior Features

Carport Spaces 0 Construction BrickConcreteVinyl SidingWood Construction Materials Walls 20 Covered Spaces 0 Fencing None Foundation Pillar/Post/Pier Parking Or Garage AssignedParking LotPrivate Pool On Property No Roof FlatOther

Interior Features

Accessibility Features Accessible Approach With RampAccessible BedroomAccessible DoorsAccessible EntranceAccessible Hallway(S) Appliances Built-In Gas RangeGas CooktopGas OvenPlumbed For Gas in KitchenRefrigerator Attached Garage No Basement No Cooling ElectricOther Fireplaces 0 Flooring Laminate Garage No Handicap YN Yes Heating ElectricOther Interior Features Granite CountersHigh Speed Internet AvailableMultiple StaircasesNatural WoodworkOpen FloorplanWalk-In Closet(S) Kitchen Equipment 469-321-5201 Window Features Awning(S)CoveredWrap Around

Property Features

Accessory Unit Type Other Accessory Unit YN Yes Alarm Or Security Type Carbon Monoxide Detector(S)Fire AlarmFire Sprinkler SystemSecurity LightsSecurity ServiceSecurity SystemSecurity System OwnedSmoke Detector(S)Wireless Barns1 Window Coverings Building Area Source Public Records Building Area Total 12392.00 Common Features CurbsLaundryOther Complex Name Fontaine Apartments Construction Status Preowned Gross Annual Expenses 69178.00 Gross Annual Income 195300.00 HOA None Insurance Expense 14825 List MLSProvider Collin County Association Of Realtors Listing Terms 1031 ExchangeCashContractConventionalOther Municipal Utility District No Net Operation Income 111297 Operating Expense Includes AccountingGardenerInsuranceLegalLicensesMaintenanceMaintenance GroundsMaintenance StructureManagerNew TaxParkingPest ControlProfessional ManagementSuppliesTrashUtilitiesVacancy AllowanceWater/SewerOther Possession Closing/Funding Property Type Multi Family Senior Community No Tenancy Over 9 MonthsPet RestrictionsPets Allowed Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tharp Real Estate Group | JP & Associates Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Tharp Real Estate Group | JP & Associates Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-02-06T19:41:44.587.
 
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Tharp Real Estate Group | JP & Associates Realtors
3370 Long Prairie Rd. Suite 650
Flower Mound TX, 75022
Offered by Judy Andujar of Navigate Management Co. Llc: 469-865-8350.