Fort Worth, TX 76109 3232 Merida Avenue
$425,000



5 more






Presented By: Jonathan Minerick with HomeCoin.com; 888-400-2513
Home Details
Great investment opportunity in the immediate vicinity of TCU. The building is currently a 1 Bed and 1 Bath duplex on each side, with separate back yards, water, and electric meters. Endless potential to improve the current property, add on to the existing duplex (grandfathered), or redevelopment in the current A-5 zoning. Great timing for new fall tenants or to make any necessary changes to the property.
Presented By: Jonathan Minerick with HomeCoin.com; 888-400-2513
Interior Features for 3232 Merida Avenue
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Unit Count1
Fireplaces Total0
Lock Box TypeNone
Basement Y/NNo
FlooringLuxury Vinyl Plank
Interior FeaturesCable TV Available, High Speed Internet Available, Walk-In Closet(s)
Occupancy Rate100
Total Units2
General for 3232 Merida Avenue
# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
Capitalization Rate2.54
CityFort Worth
Complex NameNA
Construction MaterialsFrame, Siding
CoolingCentral Air
CountyTarrant
DirectionsFrom University, go west on Berry and South on Merida.
Elementary SchoolWestpark
Elementary School NameWestpark
Full Baths2
Gross Annual Expenses17880.00
HOA TypeNone
HeatingCentral, Electric
High SchoolPaschal
Insurance Expense1354
LevelsOne
Listing TermsCash, Conventional
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictFort Worth ISD
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Subdivision NameByers & Mccart Add
Unexempt Taxes5977
UtilitiesCity Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Overhead Utilities
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1984
Year Built DetailsPreowned
Exterior for 3232 Merida Avenue
Attached Garage Y/NNo
Building Area Total1286.00
Foundation Slab
Garage Y/NNo
Lot Size Acres0.1440
Lot Size Area0.1440
Lot Size Square Feet6272.6400
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesTandem
Patio And Porch FeaturesCovered, Front Porch, Rear Porch