Address
5938 Kilpatrick Avenue, Fort Worth, TX
Price
$ 1,200,000
Property Attributes
  • MLS#20571311
  • TypeMulti-Family
  • CountyTARRANT
  • CityFort Worth
  • NeighborhoodChamberlain Arlington Heights 2nd
  • Zip76107
  • StyleQuadruplex
  • Year Built1958
  • Taxes$ 4170
  • Price$ 1,200,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Lot Size6,273 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Investment opportunity to own 12 one-bed one-bath brick units. 100% leased. Located on Bryant Irving & Kilpatrick, these units have a manageable commute to downtown, the medical district and most of Ft. Worth. Of the 12, eight have been updated as tenants have moved out over time. Rents are under market from 30%-40% and present the opportunity to have a higher cap rate.

Elementary School
Como Elementary School
Price History
3/28/2024 Listed $1,200,000

General Features

Complex Name Chamberlain Arlington Hei
Cooling Wall/Window Unit(s)
Utilities City Sewer,City Water
Possession Subject to Lease,Other
Roof Composition
Appliances Electric Range
School District Fort Worth ISD
Capitalization Rate 7.10
Year Built 1958
Levels One
Unexempt Taxes 4170
Will Subdivide Subdivided
Property SubType Quadruplex
Subdivision Name Chamberlain Arlington Heights 2nd
Occupant Type Tenant
County Tarrant
Property Type Residential Income
Construction Materials Brick
Year Built Details Preowned
HOA Type None
# of Buildings 3
Status Active
Directions From Bryant Irving turn on Kilpatrick. All three will be in the North side of the road.
City Fort Worth
Buyer Agent Compensation 3
Elementary School Name Como
High School Arlngtnhts
Street Name Kilpatrick
Elementary School Como
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20571311
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Other
Occupancy Rate 100
Total Units 12
Unit Count 1
Full Baths 12
Lock Box Type None
Street Suffix Avenue
Total Bedrooms 12

Exterior Features

Parking Features Assigned,Common
Foundation Slab
Lot Size Area 0.1440
Number Of Parking Spaces 15
Lot Size Units Acres
Building Area Total 2725.00
Lot Size Square Feet 6272.6400
Lot Size Acres 0.1440

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 76107

Price
AVG $1.02M
$1.2M
Taxes
AVG $10,224
$4,170
Visits
AVG 80
58
Data Provided by Inside Real Estate®
Year Built
AVG 1977
1958