3479 Selk Avenue
Description
Property Features:
Both Units: 2017 Roof and HVAC
Unit A: Recently updated with modern finishes, including Corian countertops, a stunning marble and tile backsplash, a refreshed bathroom, new windows, and a tankless water heater. Unit B: Occupied by long-term tenants, providing...Investment Opportunity Alert! This well maintained full duplex is a must-see for savvy investors or homeowners looking for supplemental income. Both units are 100% leased, ensuring positive cash flow from day one. (CAP RATE 6.36 )
Property Features:
Both Units: 2017 Roof and HVAC
Unit A: Recently updated with modern finishes, including Corian countertops, a stunning marble and tile backsplash, a refreshed bathroom, new windows, and a tankless water heater. Unit B: Occupied by long-term tenants, providing stability and consistent rental income. Each unit features 2 spacious bedrooms and 1 bathroom, ideal for comfortable living. Outdoor Space:
Large fenced backyard adorned with mature trees, perfect for relaxation or outdoor activities. Covered parking and a driveway provide ample space for vehicles. Location:
Conveniently located with easy access to I-820 and I-35, making commutes to downtown Fort Worth, DFW Airport, and surrounding areas a breeze. Don’t Miss Out! Whether you're looking for an immediate income-producing property or the chance to live in one side while renting the other, this duplex is a fantastic opportunity. Schedule a showing today!
- Listed by Ginger Trimble Knox • TREC #0527276 • Ginger & Associates, LLC • 817-386-9011
Property Details for 3479 Selk Avenue
Property Details for 3479 Selk Avenue
| Status | Active |
|---|---|
| MLS # | 20757958 |
| Days on Market | 43 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Full Duplex |
| Year Built | 1953 |
| Lot Size | 0.19 AC / 8,145 SF |
| County | Tarrant County |
Building Information for 3479 Selk Avenue
Property Information for 3479 Selk Avenue
- Block: A
- Complex Name: North Riverside Apts
- Directions: From North Loop 820 Take N Beach South. Turn Right on NE 28th St. Turn Left on David Drive. Turn Left on Selk. Property on the Left.
- Elementary School: Springdale
- Elementary School Name: Springdale
- High School: Carter Riv
- High School Name: Carter Riv
- Middle School: Riverside
- Senior Community Yes/No: No
- Year Built Details: Preowned
- School District: Fort Worth ISD
- Geocode Confidence: High
- Latitude: 32.79
- Longitude: -97.30
- State: Texas
- Parking Features: Additional Parking, Carport, Covered, Detached Carport, Driveway, Off Street, On Street
- Carport Spaces: 2
- Parking Spaces Covered Total: 2
- Garage: No
- Tax Legal Description: NORTH RIVERSIDE APARTMENTS INC BLOCK A LOT 8
- Association Type: None
- Special Taxing Entities: No
- Tax Lot: 8
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/ntreis/20757958
- Fireplaces Total: 0
- Flooring: Laminate, Linoleum, Luxury Vinyl Plank, Wood
- Heating: Central, Natural Gas
- Interior Features: Cable TV Available, Decorative Lighting, High Speed Internet Available
- Appliances: Tankless Water Heater, None
- Cooling: Central Air, Electric
- Smart Home Features Appor Pass Y: No
- Building Area Source: Assessor
- Construction Materials: Fiber Cement, Siding
- Exterior Features: Covered Patio/Porch
- Fencing: Back Yard, Chain Link, Fenced
- Foundation Details: Pillar/Post/Pier
- Number Of Stories: 1
- Roof: Composition
- Waterfront: No
- Number Of Units Total: 2
- Patio And Porch Features: Covered, Rear Porch
- Levels: One
- Utilities: Asphalt, Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter
- Exclusions: Minerals DO NOT DISTURB TENANTS Cap rate based on 6.36 Roof 2017, HVAC 2017, Windows on 3481 side 2021 Tenant pays all utilities
- Financing Proposed: 1031 Exchange, Cash, Conventional
- Concessions YN: Yes
- Handicap: No
- Loan Type: Treat As Clear
- Property Match: APN
- Lot Features: Few Trees, Interior Lot, Lrg. Backyard Grass
- Lot Size Acres: 0.187
- Lot Size Area: 0.187
- Lot Size Source: Assessor
- Lot Size Units: Acres
- Lot Size Square Feet: 8145.72
- Multi Parcel ID: No
- Parcel Number: 01963082
- Number Of Buildings: 1
- Capitalization Rate: 6.37%
- Gross Annual Expenses: $3,740
- Gross Annual Income: $22,800
- Insurance Expense: $2,501
- Total Annual Expenses Include: Accounting, Insurance, Maintenance, Maintenance Structure
- Net Operation Income: $16,559.00
- Approximate SQFT: 742.0
- Average Lease Amount: $1,200.00
- Living Area Length: 0.0
- Number Of Baths Full: 1
- Number Of Baths Half: 0
- Unit Type Type: 2 Bedroom
- Approximate SQFT: 742.0
- Average Lease Amount: $700.00
- Living Area Length: 0.0
- Number Of Baths Full: 1
- Number Of Baths Half: 0
- Unit Type Type: 2 Bedroom
Property History for 3479 Selk Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3479 Selk Avenue
Schools near 3479 Selk Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Springdale Elementary School PublicPK to 5 | ||
Riverside Middle School Public6 to 8 | ||
Carter-Riverside High School Public9 to 12 | ||
Detent Center Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Ginger & Associates, LLC, Ginger Trimble Knox
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