1420 & 1422 E MULKEY STREET, FORT WORTH, TX 76104

Homes for sale in Fort Worth.

Homes for sale in 76104.


Status of the property has changed, please contact for details

List Price$260,000

1420 & 1422 E Mulkey Street

Fort Worth, TX 76104

Listing Image Listing Image

Listing #20881253

6

Bedrooms

4 full

Bathrooms

2,100

Square Feet

2

Number of Units

Multi-Unit Residential

Type

About This Property

Duplex Investment Opportunity. House Hack & Build Wealth! This duplex at 1420 E Mulkey St, Fort Worth, TX is a prime opportunity for house hackers and investors alike! Live in one unit while renting out the other for $1,350 a month, drastically reducing your housing costs while building equity. Key Features: Two Units, perfect for rental income or multi-generational living House Hack Potential. Offset your mortgage with rental income $1,350 Monthly Rental Income. Helps cover mortgage and expenses Tiled Floors Throughout. Low maintenance and durable Spacious Kitchen and Living Areas. Ready for your updates Prime Location. Close to highways, shopping, and schools Updated Mortgage Savings Estimate: Purchase Price: $260,000 Down Payment FHA 3.5%: $9,100 Loan Amount: $250,900 Interest Rate 7% Estimate: $1,668 a month P and I Taxes and Insurance Estimate: $300 a month Est Total Monthly Payment: $1,968 Rental Income from One Unit: $1,350 Your Out-of-Pocket Cost: ONLY $618 a month! Potential ROI and Cash Flow: Market Rent for Both Units: $2,700 a month Annual Rental Income If Fully Rented : $32,400 Estimated Annual Expenses Taxes, Insurance, Maintenance: $8,000 Potential Net Income if Fully Rented: $24,400 a year Cash on Cash Return with 3.5% down: 30-35% This is a turnkey investment opportunity that allows you to live for less while building wealth through real estate. Whether you're an investor or a first-time homebuyer, this duplex is a smart move! Call today to schedule a showing!

Property Features

Location Information

County

Tarrant

Subdivision

Ryan Southeast Add

Interior Features

Interior

Cable TV

Cooling

None

Full Baths

4

Floors

Ceramic Tile

Has Fireplace

No

Appliances

Electric Cooktop

Heating

Central, Electric

Total Number of Units

2

Exterior Features

Stories

1

Pool Description

None

Construction

Brick

Lot Size in Acres

0.138

Foundation

Slab

Lot Size in Sq. Ft.

5,998

Roof

Composition

Buildings

1

Parking Description

Other

Building Total Area (Sq. Ft.)

2,100

Garage Spaces

0

Is One Story

Yes

School

Elementary School District

Fort Worth ISD

Jr. High School

Riverside

Elementary School

MG Ellis

High School

Carter Riv

Additional Information

Year Built Details

Preowned

Status

Closed

Property Type

RI

Has a Home Owners Association

No

Property SubType

Duplex

Tax Annual Amount

6644.0

Year Built

2005

Exclusions

n/a

Similar Listings

Schools

Walk Score

Real Estate IDX Powered by iHomefinder