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2816 Wayside Avenue
Fort Worth TX 76110 US

$2,400,000

Active Listing ID 20560995
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16 bed
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8.00 Bath (8 Full Bath)
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Lot: 0.14 Acres
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Duplex

$2,400,000

Active Listing ID 20560995
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2816 Wayside Avenue Welcome to Wayside Avenue, a 4-duplex ownership opportunity less than a half-mile from the TCU campus. These 4 properties are situated next door to each other and represent an ultra-rare opportunity for redevelopment or buy as a long term hold. All 4 duplexes have been updated within the past 2 years making the long-term play very attractive. Each unit boasts 2 bedrooms plus a loft, 1.5 bathrooms, parking, and approx 1130 square feet. The units feature bright and airy interiors highlighted by contemporary finishes and natural light. As a development opportunity, these properties collectively total a little over one-half acre, creating the optimum land for redevelopment. Four 10-plexes can be constructed to turn the existing footprint of 8 units into a 40-unit property. There are several exit strategies including; buy as a long-term hold in its current capacity, develop into larger student housing units for a long term hold or develop into larger units to be sold in the short term.

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Property Features

  • Facts
  • Lot Size: 0.14 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 8
  • Exterior Finish: Fence
  • Floor Covering: Laminate
  • Roof Type: Composition
  • Heating Fuels: Central Furnace

School Information

  • School
  • Clayton Li(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 2400000
  • unparsedaddress: 2816 Wayside Avenue
  • postalcity: Fort Worth
  • stateorprovince: TX
  • country: US
  • postalcode: 76110
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.144
  • lotsizeunits: Acres
  • lotsizearea: 0.144
  • livingareaunits: Square Feet
  • latitude: 32.710524
  • longitude: -97.351406
  • listagentfullname: Ted Olsen
  • listagentemail: ted.olsen@compass.com
  • listagentkey: 3yd-NTREIS-0613466
  • listagentmlsid: 0613466
  • listagentpreferredphone: 8052522299
  • listagentofficephone: 2148148100
  • listofficekey: 3yd-NTREIS-CMPS03
  • listagentstatelicense: 0613466
  • listofficemlsid: CMPS03
  • disclaimer: Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1978
  • listagenturl: http://duweolsen.com
  • countyorparish: Tarrant
  • parcelnumber: 01023950
  • elementaryschool: Clayton Li
  • appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
  • flooring: Laminate
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1.5
  • parkingtotal: 8
  • parkingfeatures: Covered, Driveway
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Built-in Features, Loft, Open Floorplan
  • exteriorfeatures: Fence
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.351406, 32.710524
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "Taxes":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2816-Wayside-Ave_Fort-Worth_TX_76110_M71875-20333?f=listhub&s=NTREIS&m=20560995&c=rexren", "LeadRoutingEmail":"ted.olsen@compass.com", "BrokerName":"Compass RE Texas, LCC", "ListingTitle":"Duplex - Fort Worth, TX", "ListOfficeBrokerMlsId":"0484652", "ListOfficeEmail":"txbroker@compass.com", "ListOfficeAddress1":"5049 Edwards Ranch Rd, Ste.220", "ListOfficeAddress2":null, "ListOfficeCity":"Fort Worth", "ListOfficePostalCode":"76109", "ListOfficeStateOrProvince":"TX", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Compass RE Texas, LCC", "ListBrokeragePhone":"(214) 814-8100", "ListBrokerageEmail":"jrene.walker@compass.com", "ListBrokerageWebsiteUrl":"https://www.compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"5960 Berkshire Ln.", "ListBrokerageUnitNumber":"Suite 700", "ListBrokerageCity":"Dallas", "ListBrokerageStateOrProvince":"TX", "ListBrokeragePostalCode":"75225", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-30T13:25:56Z"}
Listing Changed: 4/30/2024 7:02:09 PM GMT
Source Updated Date: 5/17/2024 6:56:28 AM GMT

Courtesy of: Ted Olsen, Compass RE Texas, LLC, ted.olsen@compass.com

Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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