2816 Wayside Avenue, Fort Worth

$2,700,000

16 Beds
0 Baths
.14 Acres
0 Garages

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.

Essential Information
MLS® #20560995
Price$2,700,000
Bedrooms16
Bathrooms0.00
Full Baths8
Acres0.14
Year Built1978
TypeResidential Income
Sub-TypeDuplex
StatusActive
Community Information
Address2816 Wayside Avenue
SubdivisionFrisco Heights Add
CityFort Worth
CountyTarrant
StateTX
Zip Code76110-2855
Parking Features
Parking Spaces8
Parking FeaturesCovered, Driveway
Interior Features

Built-in Features, Loft, Open Floorplan

Flooring
FlooringLaminate
Fencing
FencingWood
Exterior Other
Lot DescriptionFew Trees, Interior Lot
RoofComposition
ConstructionSiding
FoundationSlab
Utilities
UtilitiesCity Sewer, City Water
Heating / Cooling
Heating/CoolingCentral, Electric
Lot Description
Lot DescriptionFew Trees, Interior Lot
School Information
DistrictFort Worth ISD
ElementaryClayton Li
MiddleMclean
HighPaschal
Listing Details
AgentTed Olsen
OfficeCompass RE Texas, LLC
Office Contact805-252-2299
LISTING MAP

Get directions to this property:

Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on April 27th, 2024 at 3:15am CDT.