8601 Highway 199 Hwy, Lakeside, TX, 76135
Lakeside Duplex For Sale Property Details:
Lakeside Duplex For Sale Calling All Value Add Investors! Priced to Sell! What an opportunity to own and manage a beautiful piece of property situated right off of Hwy 199 with around 400 feet of highway frontage! Minutes to Fort Worth!
Get Ready, this property includes NINE INCOME PRODUCING FULLY LEASED residential units, 32 mini storage units 60% occupied, a 4000 square foot warehouse (vacant), and Fort Worth’s former iconic Vance Godbey’s restaurant with over 12000 square feet of dining, banquet rooms and tremendous commercial kitchens(now leasing). Around 2.5 acres of 199 frontage comprising large paved lot and beautiful landscaping. Soaring pole sign included. Pro-Forma annual income is close to 300K. Partial Owner Finance Possible!
Lakeside Duplex For Sale Property Features:
Bedrooms
- Bedrooms: 9
Interior Features
- Cable TV Available
- Decorative Lighting
- High Speed Internet Available
- Wainscoting
- Window Coverings
- Flooring: Brick/Adobe, Ceramic Tile, Concrete, Laminate, Vinyl, Wood
Bathrooms
- Full Bathrooms: 10
Heating and Cooling
- Fireplace Features: Stone, Wood Burning
- Heating Features: Additional Water Heater(s), Central Air-Elec, Central Heat-Gas
- Number of Fireplaces: 1
Waterfront and Water Access
- Water Body Name: Eagle Mountain
Exterior and Lot Features
- Balcony
- Covered Porch(es)
- Deck
- Storage Building
Land Info
- Lot Size Acres: 5.6
- Lot Size Units: Acres
- Lot Size Square Feet: 243936
Garage and Parking
- Garage Description: Assigned Garage, Attached, Garage
- Parking Features: Assigned Garage, Attached, Common Lot, Garage
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
- Number of Buildings: 4
- Number of Units: 9
School Information
- Elementary School: Eagleheigh
- High School: Azle
- School District: Azle ISD
Rental Info
- Gross Income: 268800
Other Property Info
- Annual Tax Amount: 27000
- Source Listing Status: Active
- County: Tarrant
- Directions: From Fort Worth, head NW on Hwy 199 – property just a few miles NW of Lake Worth right off of 199 on the South Side of the Highway.
- Source Property Type: Multi-Family
- Exclusions: Personal Property of Owner.
- Insurance Expense: 7500
- Area: FW NW(EAGLE MT.LK/RIV.OAKS/AZLE (109)
- Source Neighborhood: J Wilcox Surv Abs 1716
- Postal Code Plus 4: 4335
- Subdivision: J Wilcox Surv Abs 1716
- Property Subtype: MUL-Apartment/5Plex+
- Source System Name: C2C
Commercial Info
- Net Operating Income: 187300
- Operating Expense: 81500
Lakeside Duplex For Sale Building and Construction
- Year Built: 1963
- Building Area Source: Owner
- Building Name: Godbey Villas
- Construction Materials: Construction: Block, Brick, Concrete, Frame/Brick Trim, Glass, Metal, Rock/Stone, Steel, Wood
- Foundation Details: Pier & Beam, Slab
- Property Age: 58
- Roof: Composition, Metal
- Levels or Stories: 3
- Year Built Details: Preowned
Utilities
- Utilities: Master Gas Meter, Overhead Utilities, Private Sewer, Private Water, Septic, Well
Lakeside Duplex For Sale Home Features
- Other Equipment: Cooktop – Electric, Dishwasher, Oven-Electric, Range/Oven-Electric
- Security Features: Security Features: Exterior Security Light(s)
