Fort Worth, TX 76107 4910 Lovell Avenue

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Presented By: Matt Solis with Epique Realty LLC; 512-387-0722
  • MLS# 20603912
  • 05/01/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 6
  • Full/Half Baths • 5 / 1

Home Details

Don't miss your chance to add this cash-flowing asset to your portfolio!! Located just 10 minutes from TCU, this duplex offers a unique opportunity to rent out a back apartment ADU to maximize rental income! The left side of the duplex is a large, two-story, 3-bedroom, 2.5-bath unit currently rented well below market rent at $1,150 per month, with market rents supporting $2,000 as-is. The right side is a one-story, 2-bedroom, 2-bath unit currently rented well below market rent at $1,235 per month, with market rents supporting $1,300 as-is. The back apartment needs a complete renovation, but once completed, market rents support $700 per month. With a total income potential of $4,000 per month and the main house not requiring any work, this property is an excellent buy-and-hold opportunity for an investor or house hacker. Schedule a showing today!
Presented By: Matt Solis with Epique Realty LLC; 512-387-0722

Interior Features for 4910 Lovell Avenue

Bedrooms

Total Bedrooms6

Bathrooms

Full Baths5
Half Baths1
Total Baths6

Other Interior Features

Unit Count3
Lock Box TypeCombo
FlooringCarpet, Luxury Vinyl Plank, Tile
Interior FeaturesOther
Total Units3

General for 4910 Lovell Avenue

# of Buildings3
Accessory Unit TypeAccessory Dwelling Unit (ADU)
Accessory Unit YNYes
AppliancesDishwasher, Electric Cooktop
Buyer Agent Compensation2.5
Buyer Agent Compensation Type%
Capitalization Rate8.34
CityFort Worth
Complex NameN/A
Construction MaterialsRock/Stone
CoolingCentral Air
CountyTarrant
DirectionsUse GPS.
Elementary SchoolSouthhimou
Elementary School NameSouthhimou
Gross Annual Expenses3000.00
HOA TypeNone
HeatingCentral
High SchoolArlngtnhts
Insurance Expense1851
LevelsTwo
Number of Garage Spaces0
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubTypeDuplex
Property TypeResidential Income
RoofShingle
School DistrictFort Worth ISD
Standard StatusActive
StatusActive
Subdivision NameChamberlain Arlington Heights 1st
Unexempt Taxes7580
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1978
Year Built DetailsPreowned

Exterior for 4910 Lovell Avenue

Building Area Total2970.00
Foundation Slab
Lot Size Acres0.3010
Lot Size Area0.3010
Lot Size Square Feet13111.5600
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesDriveway
WaterfrontNo

Additional Details

Price History

Schools

Elementary School Southhimou Elementary School
High School N/A
Middle School N/A

Worth Clark

Price $412,500
MLS#20603912
List Date 05/01/2024
Property Type Multi-Family
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