$149,900

Glencrest Add, Fort Worth — 547 days on the market.

ATTENTION AGENTS & BROKERS - Now offered at an improved price point, this Fort Worth property awaits a visionary transformation. Presently structured as a 5-Plex, it carries a clear directive from the City of Fort Worth: conversion back to its original single-family use. This requirement, however, unveils immense potential for value creation and specialized housing solutions. Consider the compelling possibilities: once thoughtfully converted, this property could become an outstanding co-living residence, offering private, self-contained living spaces within a communal home. It is also ideally suited for student housing, providing comfortable and independent living arrangements, or for a group home requiring multiple private living areas. The ideal configuration involves crafting three or four generously sized bedrooms, each boasting a dedicated en-suite bathroom, a highly sought-after feature that will maximize appeal and rental income. This property is not merely a renovation project; it is an opportunity to reposition a structure for significant future returns.This home was converted to a 5-Plex and MUST be converted back to its highest & best use as single family, per the City of Fort Worth. The property offers investors a versatile opportunity with significant upside, ideal for a group home, a generational home, or student housing once converted. Situated on a spacious lot with mature trees, the structure is primed for conversion back into a single-family home, making it ideal for those looking to maximize value through redevelopment. Located in a well-established neighborhood with easy access to schools, shopping, and major transit routes, this property combines convenience with long-term potential. Whether you are looking to create a standout single-family home or explore other possibilities, this property delivers flexibility and opportunity.

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