1309 S Riverside Dr, Fort Worth, TX 76104

$139,995
3
BD
2
BA
1,100
SqFt

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List Price
$139,995
MLS#
21332210
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Detached
Year Built
1928
Bedrooms
3
Full Baths
2
Acres
0.15
Living Area
1,100
County
Tarrant
City
Fort Worth
Subdivision
Lakeview Add
Number of Stories
1
Architecture Style
Detached

Property Description

***Investor Opportunity*** Tenant Occupied with Immediate Rental Income! Excellent opportunity to own an income-producing 3-bedroom, 2-bath home in Fort Worth with a long-term tenant already in place. This well-maintained cottage-style home at 1309 S. Riverside Dr. has been a successful rental property for approximately 20 years and is ideal for investors seeking immediate cash flow. The current tenant has a strong history of on-time rent payments and is currently paying $1,400 per month. The lease includes an option to renew through February 2027, offering continued income potential. The home features charming curb appeal with a covered front porch, functional floor plan, full kitchen, utility closet with washer and dryer hookups, new water heater, and a roof reported to be in good condition. Conveniently located near Downtown Fort Worth, Texas Wesleyan University, shopping, dining, major highways, and public transportation. Property is being sold AS-IS. Buyer to purchase a new survey, if required. All furniture, personal belongings, televisions, and window air conditioning units belong to the tenant and do not convey with the sale. Showings by appointment only through BrokerBay. Please do not disturb the tenant. Submit all offers by July 31. Buyer and buyer's agent are responsible for independently verifying all information, including but not limited to square footage, room dimensions, schools, taxes, lot size, restrictions, lease terms, and any other information deemed important. Seller and listing broker make no warranties or representations as to the accuracy of the information provided.

Additional Information

Unexempt Taxes
$1,633
Lot Size
6,449
Acres
0.15
Interior Features
Pantry, Cable TV, Walk-In Closet(s)
Stories
1
Pool Features
None
Parking Garage
Driveway, On Site, On Street
School District
Fort Worth Isd
Elementary School
Edwardbris
Middle School
Morningsid
High School
Polytechni
Possession
CloseOfEscrow, SubjectToTenantRights

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Listing courtesy of Omega Mejia from OnDemand Realty. Contact: 214-620-3581