2725 Toronto Street, Fort Worth

$2,295,000

32 Beds
0 Baths
12,441 Sqft
.96 Acres
2 Garages

Welcome to Sycamore Creek Apartments, nestled in the heart of Fort Worth, one of the nation's fastest-growing metro markets! Built in 1956, then renovated 2023 to cater to the needs of today's tenants. Conveniently located just six miles from downtown Fort Worth, with quick access to I35 and I30, and less than a mile from Texas Wesleyan University. Spread across three separate parcels on nearly one acre, the property comprises 12 one-story buildings, which includes an on-site PM office, and two-car garage for storage or owner needs. Significant capital investments have been made, including a tiered-style unit renovation program and exterior updates. Sycamore Creek boasts both one-bedroom and studio unit mixed apartments, ranging from 366 to 741 square feet. Seize the opportunity to acquire this extraordinary property that adheres to the coveted 1% rule, setting it apart as an unparalleled investment in the market. Calling all multifamily value-add investors and syndicators!

Essential Information
MLS® #20510315
Price$2,295,000
Bedrooms32
Bathrooms0.00
Square Footage12,441
Acres0.96
Year Built1956
TypeResidential Income
Sub-TypeApartment
StatusActive
Community Information
Address2725 Toronto Street
SubdivisionSycamore Heights
CityFort Worth
CountyTarrant
StateTX
Zip Code76103
Garage
# of Garages2
Parking Features
Parking Spaces22
Parking FeaturesAsphalt
Interior Features
Interior FeaturesGranite Counters
Flooring
FlooringLuxury Vinyl Plank, Wood
Fencing
FencingWood, Wrought Iron
Exterior Other
RoofComposition
ConstructionSiding, Wood
FoundationPillar/Post/Pier
Utilities

City Sewer, City Water, Individual Gas Meter, Individual Water Meter, Master Water Meter, Master Gas Meter

Heating / Cooling
Heating/CoolingElectric
School Information
DistrictFort Worth ISD
ElementaryMeadowbrook
MiddleMeadowbrook
HighEastern Hills
Listing Details
AgentBrian Abadie
OfficeReady Real Estate LLC
Office Contact214-937-9761
Property History
Price Reduced from $2,350,000 to $2,295,000
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Listing information last updated on April 27th, 2024 at 2:46pm CDT.