316 Shady Valley Drive

Mansfield,TX 76063

$ 370000

6 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Option Contract

Purchase Type For Sale

Subdivision Shady Valley Duplexes Add

MLS Listing ID 20767556

Bedrooms 6

Full Baths 4

HOA Y/N None

Total Fin. Sqft 2520

Year Built 1996

Annual Tax Amount $7,336

Lot Size 10,454 Sqft

Acres 0.24

Property Description

**Multiple offers received***Seller requests highest and best offers by 3 pm on Tuesday, November 5, 2024***ADORABLE FULL DUPLEX!! Both sides have open floor plans and fenced back yards. Enter from the covered front porch, large enough for a nice sitting area. The master bedrooms have en-suite baths with large vanities, walk-in closets, and each has a door to a large, private, fenced back yard with patio. Secondary bedrooms in both units feature ceiling fans and large closets. The living areas are large enough for tenants to entertain a nice size group and they are open to the kitchen. Open kitchens with plenty of cabinets and counter top space, plus each unit has a breakfast bar. Electric ranges with smooth cook tops, built-in dishwashers. Utility areas with room for full-size washer and dryer. Large private back yards with wood privacy fences and large patios for outdoor entertaining. Current tenants' leases expire March 31, 2025 and current rents are below market. Comps show current market should support $1700 to $2000 per side, so net income has room to grow!

Location

State TX

County Tarrant

Direction From Hwy. 287 go west on Broad; Right on Magnolia; Right on Shady Valley

Interior

Interior Features Walk-In Closet(s)

Heating Central,Electric

Cooling Ceiling Fan(s),Central Air,Electric

Flooring Carpet,Ceramic Tile,Vinyl

Appliance Dishwasher,Disposal,Electric Range

Heat Source Central,Electric

Exterior

Exterior Feature Covered Patio/Porch

Fence Wood

Utilities Available City Sewer,City Water

Roof Type Composition

Parking Type Driveway

Garage No

Building

Lot Description Interior Lot

Story One

Foundation Slab

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Nash

Middle Schools Worley

High Schools Mansfield

School District Mansfield Isd

Others

Ownership VCP 30 Duplex Owner LLC

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

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