Active

701 Monticello Drive

Fort Worth TX, 76107

$825,000


$237.89 per sqft

Active

4 Baths

3,468 sqft

Multi-family

Built in 1949

Mid Century Modern Monticello 2 story fourplex In the Heart of the Cultural District! Located on an oversized MASSIVE corner lot within walking distance to multiple restaurants, shopping, Dickies Arena, hospitals, and more with super easy highway access. Each of the units are around 900 sqft efficiency units and have slightly varying layouts. List of updates in the last two years includes kitchen and bath renovations. The owner pays for water and lawn care (one meter) and the tenants pay for electric and gas (separately metered). Gas ranges and gorgeous original hardwood floors. There is a common area laundry unit accessible to all of the tenants and the roof was recently replaced in 2022. All units are under market rent and have a very high occupancy rate with room to increase your cash flow. This property would generate even more income as an Air BNB or Furnished Mid-Term Rental. DRIVE BY ONLY. DO NOTDISTURB THE TENANTS.

20632576

MLS ID

September 4, 2024

Updated

Map

701 Monticello Drive
Fort Worth TX, 76107

Interior Features

Total Stories

2


Total Bathrooms

4


Full Bathrooms

4


Interior Features

High Speed Internet, Cable TV


Appliances

Dishwasher


Floor Description

Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.25 Acres


Roof

Flat


Sewer

Public Sewer

School Information

School District

Fort Worth ISD


High School

Arlngtnhts


Elementary School

N Hi Mt

Other Property Details

Taxes

$10,985


Tax Frequency

Annually


Days on Market

54


Garage

No


Parking

Attached Carport, On Site, On Street


Parking Total

4


View

No


County

Tarrant


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

8/12/2024

Active

8/12/2024

Price change

$825,000

-3%

8/9/2024

Pending

8/1/2024

Under contract

7/20/2024

Active

7/20/2024

Price change

$850,000

-6%

7/1/2024

Pending

6/20/2024

Under contract

Listed by Harrison Sharp with BK Real Estate LLC
Listing Contact: 806-281-8511 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 9/4/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/4/2024 at 10:30 PM UTC

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