3201 WABASH AVENUE, FORT WORTH, TX 76109

Fantastic 3 Unit complex (2) 2 bedroom 1 bath units and a garage apartment efficiency located just 2 blocks from TCU and about 4 blocks from the center of the campus! Ideal place for investor or for someone who wants to live in a great part of the TCU neighborhood and also have income from fantastic rentals. Great location walk to everything. 2135 Sq ft per TAD. Total 5 Bedroom 3 bath Unit A (2 bedrm 1 bath) has just completed an extensive remodel with new bathroom, new tile floors new quartz counters in bathroom and kitchen, all new stainless appliances and new kitchen sink. Hardwood floors throughout. Unit B (2 bedrm 1 bath) is leased for $2000 per month through December 2024 Unit C (efficiency) is leased for $700 per month for the next 12 months. The only thing that has not been done yet is the roof. Quote for $12000 to repair it and can be done or discount given off the price if you prefer your roofer make the repairs. Pro forma cap rate of 6.2% on the property once fully leased.