219 Cromwell St
Fort Worth, TX 76104
This single family home is located in the Glenwood subdivision sitting on just under 1 acre. The tenant occupied 2 bed 1 bath house is in great condition with reconditioned floors, recent interior paint, power washed exterior siding. The lot is narrow but very deep and backs up to the Sycamore Creek Golf Course. The home is currently rented month-to-month for $550/mo (well below market value), and the tenant wants to stay but is also prepared to vacate.
Only minor touch ups and optionally some minor updates to the kitchen and bath are needed. Home currently has window AC units so central HVAC would need to be ducted. The roof is older but there are no leaks.
There are very few comparable sales in this part of town, about 1/4 mile away on the other side if 287 is a nicely rehabbed home on E Hattie that is a 3/2 but on a very small parcel of land that sold for $160,000. If going the retail or owner finance route, we feel $120,000 would be easily attainable and with some higher upgrades well above that. As a rental this home should be bringing in $800/mo!
Buyer to do their own due diligence. Buyer to pay all closing costs. A non-refundable $5,000 deposit will be required unless other arrangements are agreed.
Home is currently tenant occupied and we will have a showing on Thursday 10/11/2018. Please reply to this email with your phone number to request the showing time!