221 Cambridge Dr, Saginaw, TX 76179

$625,000
8
BD
8
BA

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List Price
$625,000
MLS#
21322534
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1982
Construction Status
Preowned
Bedrooms
8
Full Baths
4
Half Baths
4
Acres
0.32
County
Tarrant
City
Saginaw
Subdivision
Cambridge Estates
Building Name
Cambridge Estates

Property Description

Well-maintained 4-unit investment property in Saginaw offering a strong opportunity for buyers searching for multifamily real estate with convenient access to I-35W, Loop 820, major employment centers, shopping, dining, and everyday conveniences. The seller prefers to sell Building 221 together with Buildings 321, 313, and 405, creating the potential to acquire multiple adjacent assets. Each of the 4 units features 2 bedrooms, 1 full bath, 1 half bath, and approximately 1,044 square feet of living space. The functional floor plans include spacious living areas with wood-burning fireplaces, well-designed kitchens, and washer and dryer hookups, providing practical features that appeal to a wide range of tenants. The property has been consistently maintained and includes numerous capital improvements, offering added value for investors. Updates include multiple newer water heaters and HVAC systems, and roofs that are all less than 6 years old, helping reduce future maintenance considerations. Located in a well-established area with convenient access to major commuter routes including I-35W and Loop 820, this multifamily property is positioned near retail, restaurants, employment centers, and other daily amenities. Buyers searching for Fort Worth investment property, income-producing real estate, or a multifamily portfolio expansion will appreciate the combination of location, ongoing maintenance, and the opportunity to purchase multiple buildings together.

Additional Information

Unexempt Taxes
$12,537
Lot Size
14,026
Acres
0.32
Interior Features
High Speed Internet, Cable TV
Flooring
Carpet
Foundation
Slab
Roof
Shingle
Stories
2
Pool Features
None
Parking Garage
Parking Lot
School District
Eagle Mt-Saginaw Isd
Elementary School
Bryson
Middle School
Wayside
High School
Boswell
Possession
SubjectToTenantRights

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Listing courtesy of Sarah Thornton from Redfin Corporation. Contact: 972-954-4791