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1619 Alston Ave

4 Unit Apartment Building $750,000 ($187,500/Unit) 7.09% Cap Rate Fort Worth, TX 76104

Apartment Buildings Texas Fort Worth 1619 Alston Ave, Fort Worth, TX 76104

Executive Summary

Great vintage apartments located in Fairmount has been updated breathing new life into this historical building. Recently redone floors and bathroom in part of units. Large kitchens and offers new countertops with plenty of cabinets. Recently added ceiling fans and light fixtures to some units bring finishing touches to spacious 2 bedroom and 1-bathroom apartments. Close to restaurants, hospitals, shopping, and schools. Electric, gas, and water are separately metered and paid by tenants. All units have a stackable washer dryer.

Attachments

1619 Alston Ave Marketing Flyer

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $750,000 Apartment Style Low Rise
Price Per Unit $187,500 Building Class C
Sale Type Investment Lot Size 1.00 AC
Cap Rate 7.09% Building Size 4,400 SF
Gross Rent Multiplier 1.04 Average Occupancy 100%
No. Units 4 No. Stories 2
Property Type Multifamily Year Built 1925
Property Subtype
Apartment
  • Multifamily Dormitory
Price $750,000
Price Per Unit $187,500
Sale Type Investment
Cap Rate 7.09%
Gross Rent Multiplier 1.04
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 1.00 AC
Building Size 4,400 SF
Average Occupancy 100%
No. Stories 2
Year Built 1925

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - 1,100
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Walk Score ®
Very Walkable (76)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(817) 480-6885

  • Listing ID: 32893606

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 1619 Alston Ave, Fort Worth, TX 76104

More public record information on 1619 Alston Ave, Fort Worth, TX 76104

The Multifamily Property at 1619 Alston Ave, Fort Worth, TX 76104 is currently available For Sale. Contact Leah Dunn Real Estate Group for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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1619 Alston Ave
(817) 480-6885 x

1619 Alston Ave

Leah Dunn

(817) 480-6885

(817) 480-6885

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