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Sold on 05/08/25
  • Price Unknown

    1420 & 1422 E Mulkey St, Fort Worth, TX 76104

    6beds
    2,100sqft
    Duplex, Multi Family
    Built in 2005
    5,998.21 Square Feet Lot
    $255,600 Zestimate®
    $--/sqft
    $-- Estimated rent

    What's special

    Duplex Investment Opportunity. House Hack & Build Wealth! This duplex at 1420 E Mulkey St, Fort Worth, TX is a prime opportunity for house hackers and investors alike! Live in one unit while renting out the other for $1,350 a month, drastically reducing your housing costs while building equity. Key Features: Two Units, perfect for rental income or multi-generational living House Hack Potential. Offset your mortgage with rental income $1,350 Monthly Rental Income. Helps cover mortgage and expenses Tiled Floors Throughout. Low maintenance and durable Spacious Kitchen and Living Areas. Ready for your updates Prime Location. Close to highways, shopping, and schools Updated Mortgage Savings Estimate: Purchase Price: $260,000 Down Payment FHA 3.5%: $9,100 Loan Amount: $250,900 Interest Rate 7% Estimate: $1,668 a month P and I Taxes and Insurance Estimate: $300 a month Est Total Monthly Payment: $1,968 Rental Income from One Unit: $1,350 Your Out-of-Pocket Cost: ONLY $618 a month! Potential ROI and Cash Flow: Market Rent for Both Units: $2,700 a month Annual Rental Income If Fully Rented : $32,400 Estimated Annual Expenses Taxes, Insurance, Maintenance: $8,000 Potential Net Income if Fully Rented: $24,400 a year Cash on Cash Return with 3.5% down: 30-35% This is a turnkey investment opportunity that allows you to live for less while building wealth through real estate. Whether you're an investor or a first-time homebuyer, this duplex is a smart move! Call today to schedule a showing!

    Zillow last checked: 7 hours ago

    Listing updated: May 08, 2025 at 01:41pm

    Listed by:

    Aaron Jistel 0548216 512-827-2252,

    Listing Spark 512-827-2252

    Bought with:

    Animesh Prabhakar

    Classik Management Co

    Source: NTREIS,MLS#: 20881253

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Cooktop
    Features
    • Cable TV
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 2,100
    • Total interior livable area: 2,100 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Other
    • Covered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 5,998 sqft
    Details
    • Parcel number: 02611716
    • Special conditions: Builder Owned

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available, Cable Available

    Community & neighborhood

    Location
    • Region: Fort Worth
    • Subdivision: Ryan Southeast Add
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $255,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $255,600