About 5849 Shadydell Drive
Offering 2-story great brick fourplex with 100% occupancy. Nice floorplans with wood burning fireplaces, private fenced patios, covered parking and storage spaces. All kitchen appliances included. INCOME GENERATING PROPERTY in great condition. Each unit has 2 bedrooms with a full bathroom upstairs, downstairs offers the kitchen, spacious living, a half bath and a laundry area with full size washer and dryer connections. Each unit has 2 covered parking spaces in the rear of the building. The current average effective rent $1300, whereas the average market rent is $1500. All occupied tenants are on annual lease and it will be a great opportunity to increase rent to generate more income during the lease renewals to improve the cashflow. DO NOT DISTURB TENANTS! *Showings will not be allowed unless the offer is executed and the proof of funds are submitted*
Features of 5849 Shadydell Drive
| MLS® # | 20600599 |
|---|---|
| Price | $695,000 |
| Units | 4 |
| Bedrooms | 8 |
| Bathrooms | 4.40 |
| Full Baths | 4 |
| Half Baths | 4 |
| Building Area Total | 4,352 |
| Acres | 0.29 |
| Year Built | 1985 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 5849 Shadydell Drive |
|---|---|
| Subdivision | SHADYDELL |
| City | Fort Worth |
| County | Tarrant |
| State | TX |
| Zip Code | 76135 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Parking Spaces | 8 |
| Garages | Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Walk-In Closet(s) |
|---|---|
| Heating | Electric |
| Fireplace | No |
| Fireplaces | Living Room |
Exterior
| Roof | Asphalt |
|---|---|
| Construction | Brick, Siding |
| Foundation | Other |
School Information
| District | Eagle MT-Saginaw ISD |
|---|---|
| Elementary | Greenfield |
| Middle | Ed Willkie |
| High | Chisholm Trail |
Additional Information
| Net Operation Income | $46,226 |
|---|---|
| Gross Annual Income | $59,520 |
| Gross Annual Expenses | $15,574 |
| Insurance Expense | $2,632 |
| CapitalizationRate | 6.65 |
Unit 1 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 1 |
| Half Baths | 1 |
| Rent | $1,250 |
| SqFt | 1,088 |
Unit 2 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 1 |
| Half Baths | 1 |
| Rent | $1,250 |
| SqFt | 1,088 |
Unit 3 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 1 |
| Half Baths | 1 |
| Rent | $1,250 |
| SqFt | 1,088 |
Unit 4 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 1 |
| Half Baths | 1 |
| Rent | $1,210 |
| SqFt | 1,088 |
Listing Details
| Agent | Abdul Jameel Abdur Rahman |
|---|---|
| Office | My Dream Home Helpers Realty |