Property
Beds
16
Full Baths
8
1/2 Baths
None
Year Built
1978
Sq.Footage
N/A
Welcome to Wayside Avenue, a 4-duplex ownership opportunity less than a half-mile from the TCU campus. These 4 properties are situated next door to each other and represent an ultra-rare opportunity for redevelopment or buy as a long term hold. All 4 duplexes have been updated within the past 2 years making the long-term play very attractive. Each unit boasts 2 bedrooms plus a loft, 1.5 bathrooms, parking, and approx 1130 square feet. The units feature bright and airy interiors highlighted by contemporary finishes and natural light. As a development opportunity, these properties collectively total a little over one-half acre, creating the optimum land for redevelopment. Four 10-plexes can be constructed to turn the existing footprint of 8 units into a 40-unit property. There are several exit strategies including; buy as a long-term hold in its current capacity, develop into larger student housing units for a long term hold or develop into larger units to be sold in the short term.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, Open Floorplan
-
Total Bedrooms
16
-
Bathrooms
8
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Covered, Driveway
-
Patio and Porch Features
Enclosed
-
Pool
No
Area & Lot
-
Lot Features
Few Trees, Interior Lot
-
Lot Size(acres)
0.144
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$2,400,000
-
Tax Amount
9831.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Clayton Li
-
Middle School
Mclean
-
High School
Paschal
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
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Location
County
Tarrant
Elementary School
Clayton Li
Middle School
Mclean
High School
Paschal
Listing Courtesy of Ted Olsen , Compass RE Texas, LLC
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