Fort Worth, TX 76103 3200 Mclean Street
$495,000



4 more





Presented By: Sherry Patterson with Aspire Investments LLC; 817-666-3336
Home Details
Prime Investment Opportunity in a Central Metroplex Location! It is hard to find an investment property these days that has cash flow, this one does! This is a 7% cap rate which is unheard of these days! Bring me offers! No seller financing.
This updated 4-unit property offers excellent potential for cash flow. Each two-story unit features recently upgraded interiors, including some with granite countertops, new appliances, new flooring, paint, and more. Two of the units have new HVAC's. The layout includes bedrooms on the second floor, while the first floor includes the living, dining, kitchen, and a half bath. Each unit also comes with a wood-burning fireplace and washer & dryer hookups. Rental history ranges from $1,200 to $1,300 per month. Located just 5 minutes from downtown Fort Worth and 8 minutes from the hospital district.
Presented By: Sherry Patterson with Aspire Investments LLC; 817-666-3336
Interior Features for 3200 Mclean Street
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths1
Total Baths2
Other Interior Features
Fireplace FeaturesWood Burning
Unit Count1
Fireplaces Total1
Lock Box TypeNone
Basement Y/NNo
FlooringLuxury Vinyl Plank, Tile
Interior FeaturesOther
Total Units4
General for 3200 Mclean Street
# of Buildings1
AppliancesDishwasher, Electric Range, Refrigerator
Capitalization Rate11.17
Carport Spaces
CityFort Worth
Complex Namenone
Construction MaterialsBrick, Siding
CoolingCentral Air
CountyTarrant
DirectionsGPS
Elementary SchoolMeadowbrook
Elementary School NameMeadowbrook
ExclusionsMineral Rights
Full Baths1
Gross Annual Expenses1200.00
HOA TypeNone
HeatingCentral
High SchoolEastern Hills
Insurance Expense3500
LevelsTwo
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
School DistrictFort Worth ISD
Standard StatusActive
StatusActive
Subdivision NameTandyland Add
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1985
Year Built DetailsPreowned
Exterior for 3200 Mclean Street
Building Area Total3248.00
Foundation Slab
Garage Y/NNo
Lot Size Acres0.1860
Lot Size Area0.1860
Lot Size Square Feet8102.1600
Lot Size UnitsAcres
Number Of Parking Spaces8
Parking FeaturesCommon, Driveway
Additional Details
Price History
Schools
High School
N/A
Elementary School
Meadowbrook Elementary School
Middle School
N/A

Mec Cheney
Realtor