Benbrook, TX 76116,3816 Coates CIR

$460,000

Est. payment /mo

$460,000

Est.Price: ?

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3816 Coates CIR Benbrook, TX 76116

8 Beds

6 Baths

4,760 SqFt

SOLD DATE : 06/23/2023

Key Details

Sold Price $460,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,760 sqft

Price per Sqft $96

Subdivision Coates Circle Condo

MLS Listing ID 20291992

Bedrooms 8

Full Baths 4

Half Baths 4

Year Built 1984

Annual Tax Amount $3,084

Lot Size 3,310 Sqft

Property Sub-Type Quadruplex

Property Description

MULTIPLE OFFERS HAVE BEEN RECEIVED AND WERE SENT TO THE SELLER FOR REVIEW MON April 3rd.

4 units, each featuring 2 bedrooms, 1 full bathroom, and 1 half bathroom, this property is ideal for tenants seeking comfortable and affordable living. The interior of the occupied units has been remodeled, providing modern finishes and move-in ready condition. The average rent for the occupied units is $1076 per month, providing stable cash flow for the savvy investor. While the interior of the property is in great condition, the exterior of the building requires some work to maximize its potential. However, this presents an excellent opportunity for investors to add value, increase rents, and improve the overall curb appeal of the property. With only 3 of the 4 units currently leased, there is also an opportunity to fill the vacant unit and further increase the monthly rental income. Don't miss out on this fantastic investment opportunity!

Location

State TX

County Tarrant

Interior

Heating Central, Electric

Cooling Central Air, Electric

Exterior

Parking Features Additional Parking, Parking Lot

Pool None

Utilities Available Sewer Available, Water Available

Roof Type Composition

Building

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Luellamerr

Middle Schools Leonard

High Schools Westn Hill

School District Fort Worth Isd

Others

Special Listing Condition Standard

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agent

Monique Flores

Agent | T530634

+1(254) 423-4745

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