Fort Worth, TX 76103 2725 Toronto Street

2725 Toronto Street Fort Worth, TX - Image 12725 Toronto Street Fort Worth, TX - Image 22725 Toronto Street Fort Worth, TX - Image 3
Presented By: Brian Abadie with Ready Real Estate LLC; 214-937-9761
  • MLS# 20510315
  • 01/28/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 32
  • Baths • 32
  • SQFT • 12,441
  • Garage • 2

Home Details

Welcome to Sycamore Creek Apartments, nestled in the heart of Fort Worth, one of the nation's fastest-growing metro markets! Built in 1956, then renovated 2023 to cater to the needs of today's tenants. Conveniently located just six miles from downtown Fort Worth, with quick access to I35 and I30, and less than a mile from Texas Wesleyan University. Spread across three separate parcels on nearly one acre, the property comprises 12 one-story buildings, which includes an on-site PM office, and two-car garage for storage or owner needs. Significant capital investments have been made, including a tiered-style unit renovation program and exterior updates. Sycamore Creek boasts both one-bedroom and studio unit mixed apartments, ranging from 366 to 741 square feet. Seize the opportunity to acquire this extraordinary property that adheres to the coveted 1% rule, setting it apart as an unparalleled investment in the market. Calling all multifamily value-add investors and syndicators!
Presented By: Brian Abadie with Ready Real Estate LLC; 214-937-9761

Interior Features for 2725 Toronto Street

Bedrooms

Total Bedrooms32

Bathrooms

Total Baths

Other Interior Features

Unit Count3
Lock Box TypeNone
FlooringLuxury Vinyl Plank, Wood
Interior FeaturesGranite Counters
Occupancy Rate85
Total Units32

General for 2725 Toronto Street

# of Buildings12
AppliancesGas Range, Refrigerator
Buyer Agent Compensation2
Buyer Agent Compensation Type%
Capitalization Rate3.67
CityFort Worth
Complex NameSycamore Creek Apartments
Construction MaterialsSiding, Wood
CoolingElectric, Wall/Window Unit(s)
CountyTarrant
DirectionsGPS
Elementary SchoolMeadowbrook
Elementary School NameMeadowbrook
Gross Annual Expenses97939.00
HOA TypeNone
HeatingElectric
High SchoolEastern Hills
Insurance Expense15500
LevelsOne
Number of Garage Spaces2
Pool Y/NNo
PossessionClosing/Funding
Property SubTypeApartment
Property TypeResidential Income
RoofComposition
School DistrictFort Worth ISD
Special NotesAffordable Housing
Standard StatusActive
StatusActive
Subdivision NameSycamore Heights
UtilitiesCity Sewer, City Water, Individual Gas Meter, Individual Water Meter, Master Gas Meter, Master Water Meter
Virtual Tour URL UnbrandedClick here
Will SubdivideSubdivided
Year Built1956
Year Built DetailsPreowned

Exterior for 2725 Toronto Street

Attached Garage Y/NYes
Building Area Total12441.00
Covered Spaces2
FencingWood, Wrought Iron
Foundation Pillar/Post/Pier
Garage Y/NYes
Lot Size.5 to < 1 Acre
Lot Size Acres0.9640
Lot Size Area0.9640
Lot Size SourcePublic Records
Lot Size Square Feet41991.8400
Lot Size UnitsAcres
Number Of Parking Spaces22
Parking FeaturesAsphalt

Additional Details

Price History

Schools

High School N/A
Elementary School Meadowbrook Elementary School
Middle School N/A

Worth Clark

Price $2,245,000
MLS#20510315
List Date 01/28/2024
Property Type Multi-Family
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