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BACK 40 REALTY
2816 Wayside Ave, Fort Worth, TX 76110
- $?
- 16
- BD
- Sold Price
- $?
- List Price
- $2,400,000
- Status
- CLOSED
- Closing Date
- Jul 05, 2024
- MLS#
- 20560995
- Subtype
- ResidentialIncome
- Construction Status
- Preowned
- Year Built
- 1978
- Bedrooms
- 16
- Full Baths
- 8
- Lot Size
- 6,272
- Acres
- 0.14
- Subdivision
- Frisco Heights Add
- Building Name
- Wayside Duplexes
Property Description
Welcome to Wayside Avenue, a 4-duplex ownership opportunity less than a half-mile from the TCU campus. These 4 properties are situated next door to each other and represent an ultra-rare opportunity for redevelopment or buy as a long term hold. All 4 duplexes have been updated within the past 2 years making the long-term play very attractive. Each unit boasts 2 bedrooms plus a loft, 1.5 bathrooms, parking, and approx 1130 square feet. The units feature bright and airy interiors highlighted by contemporary finishes and natural light. As a development opportunity, these properties collectively total a little over one-half acre, creating the optimum land for redevelopment. Four 10-plexes can be constructed to turn the existing footprint of 8 units into a 40-unit property. There are several exit strategies including; buy as a long-term hold in its current capacity, develop into larger student housing units for a long term hold or develop into larger units to be sold in the short term.
Additional Information
- Interior Features
- Loft, Open Floor Plan
- Taxes
- $9,831
- Flooring
- Laminate
- Appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Electric
- Levels
- One and One Half
- Roof
- Composition
- Foundation
- Slab
- Parking Features
- Covered, Driveway
- School District
- Fort Worth Isd
- Elementary School
- Clayton Li
- Middle School
- Mclean
- High School
- Paschal
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Listing courtesy of Ted Olsen from Compass RE Texas, LLC. Contact: 805-252-2299
Selling Office: Purple Real Estate, LLC.
Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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