About 2564 Wabash
An absolute stunning property with unlimited living potential. This property includes a two story 3 Bed with option 4th Bed Flex space that is a perfect residential home for a family or several individuals. Other units include a 1 bedroom carriage house and a duplex with mirrored floorpan units. This property had over $300K in upgrades and renovations in 2018 including customs finishes, oversized back living space and patio area, tankless water heaters, plumbing, foundation, and electrical. Home is grandfathered out of the A5 TCU Overlay and zoned to accommodate 7 unrelated tenants occupying the property. Huge corner lot all within walking distance to TCU campus, stadium, and performing arts center. Washer and drying and storage space below carriage house for all the units with washer and dryer in the main house as well. Contact Listing agent for more details and numbers regarding this property.
Features of 2564 Wabash
| MLS® # | 20574598 |
|---|---|
| Price | $1,499,000 |
| Units | 4 |
| Bedrooms | 7 |
| Full Baths | 4 |
| Half Baths | 1 |
| Building Area Total | 3,907 |
| Acres | 0.28 |
| Year Built | 1936 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 2564 Wabash |
|---|---|
| Subdivision | University Place |
| City | Fort Worth |
| County | Tarrant |
| State | TX |
| Zip Code | 76109 |
Amenities
| Utilities | City Sewer, City Water, Curbs |
|---|---|
| Features | Sidewalks |
| Parking Spaces | 6 |
| Garages | Additional Parking, Alley Access, Carport, Detached Carport, Lighted, On Site, Open, Oversized, Common, Outside, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Built-in Features, Decorative Lighting, Eat-in Kitchen, Flat Screen Wiring, High Speed Internet Available, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data |
|---|---|
| Heating | Central, Natural Gas |
| Fireplace | No |
Exterior
| Exterior Features | Uncovered Courtyard |
|---|---|
| Lot Description | Corner Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Sprinkler System, Subdivision |
| Roof | Composition |
| Construction | Vinyl Siding |
| Foundation | Pillar/Post/Pier |
School Information
| District | Fort Worth ISD |
|---|---|
| Elementary | Tanglewood |
| Middle | Mclean |
| High | Paschal |
Additional Information
| Net Operation Income | $77,000 |
|---|---|
| Gross Annual Income | $88,000 |
| Gross Annual Expenses | $25,000 |
| Insurance Expense | $11,000 |
| CapitalizationRate | 5.14 |
Unit 1 Details
| Type | 3 Bedroom |
|---|---|
| Full Baths | 2 |
| Half Baths | 1 |
| Rent | $3,200 |
| SqFt | 2,107 |
Unit 2 Details
| Type | 1 Bedroom |
|---|---|
| Full Baths | 1 |
| Rent | $1,500 |
| SqFt | 650 |
Unit 3 Details
| Type | 1 Bedroom |
|---|---|
| Full Baths | 1 |
| Rent | $1,500 |
| SqFt | 650 |
Unit 4 Details
| Type | 1 Bedroom |
|---|---|
| Full Baths | 1 |
| Rent | $1,600 |
| SqFt | 600 |
Listing Details
| Agent | Hannah Mercer |
|---|---|
| Office | Indwell |