$711,000
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1901-1903 Magnolia Lane Forest Hill, TX 76140
9 Beds
9 Baths
8,319 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision The Woods
MLS Listing ID 20643461
Sold Date 07/30/24
Bedrooms 9
Full Baths 6
Half Baths 3
HOA Fees $90/mo
HOA Y/N Mandatory
Total Fin. Sqft 3894
Year Built 2023
Annual Tax Amount $6,119
Lot Size 8,319 Sqft
Acres 0.191
Property Description
NEW, fully occupied triplex with long term leases in place! Seller willing to purchase a forward commitment for investors who use and qualify through preferred lender, Momentum Loans, for a LONG-TERM INTEREST RATE OF 5.75%!
The Woods at Forest Hill is a master planned town home community comprised of 76 total doors, divided into duplexes, triplexes, and fourplexes. The project consists of limited HOA common area, with $30 dues per monthy per unit, with each owner responsible for their building insurance and maintenance.
The units are all 3 bed, 2.5 bath with 1 car garage and 1298 square feet of living space. They feature granite countertops, stainless appliances, LVP flooring and tall ceilings. Units are desirable for tenants with low maintenance exteriors. Very handy location for those working in Fort Worth, Arlington and the 287 corridor. Sold with property management in place.
Seller has other triplex and quadplex buildings available at The Woods. Contact listing agent for info.
Location
State TX
County Tarrant
Direction From 820 take the Anglin Drive exit south. Magnolia Street is on the right in 4 blocks.
Interior
Interior Features Eat-in Kitchen, Granite Counters, Kitchen Island
Heating Central, Electric
Cooling Central Air, Electric
Flooring Luxury Vinyl Plank
Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Heat Source Central, Electric
Exterior
Garage Spaces 1.0
Fence Back Yard, Wood
Utilities Available Asphalt, City Sewer, City Water, Underground Utilities
Roof Type Composition
Parking Type Garage, Garage Door Opener, Garage Faces Front
Total Parking Spaces 1
Garage Yes
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Board & Batten Siding,Brick
Schools
Elementary Schools Sellers
Middle Schools Forest Oak
High Schools Wyatt Od
School District Fort Worth Isd
Others
Ownership Peak Forest Hill, LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Conventional
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Bought with John Steffen • eXp Realty LLC