Victorian Masterpiece in Historic Fort Worth, TX

By
Real Estate Agent with Keller Williams Realty

PRICED TO SELL AT $399,000          5128 Birchman Ave., Fort Worth, TX

Early 1900s Architecture - Already Zoned CommercialThough the tax records state that this home was built in 1938, the grandchildren of the original owners stopped by and indicated that the home was probably built in the 1920s and possible even earlier.  Set in the prestigious Arlington Heights subdivision of Fort Worth and right by the popular Camp Bowie shopping areas, this 3-story home is 2,700+ sq. ft. and is already zoned for commercial use, making it perfect for a Bed & Breakfast, small Law Office, Real Estate Office or similar use.

Previously used as a law office the home currently features hardwood floors throughout the first floor with a reception area with fireplace, kitchen, two conference room areas, utility room/storage room and a back office.  The second floor was converted into an apartment with a separate staircase and door for privacy, a huge master bedroom with the original pedestal sink and claw-foot bathtub.  The second floor also has a living area, full kitchen with bar, and a place for a breakfast table.  The third floor is designed as a loft, has running water, air and heat, but is only partially remodeled and could be Reception Areafinished out as storage space, living area, bedroom, or even a full small apartment.

The best part about this home is its location.  Just one lot over from the corner of Merrick and Birchman, one block from I-30, and backs up to Camp Bowie and all of its popular shopping areas.  The home is on the western side of Arlington Heights and is likely one of the last remaining lots zoned for commercial use.  In addition to the historic home, a small former servant's quarters with 2 bedrooms and 1 bathroom (also zoned for commercial use) is listed just next door.  This home has been conveyed with the larger historic home next door and is currently inside the same fence line as the larger home.  It has been used for additional storage, an apartment for management of a business, or could be rented out or torn down for additional parking as desired.  The home has approximately 1,050 sq. ft. and is listed at $134,900.  If, however, a buyer were 2nd Floor Living Roominterested in purchasing both properties together, the owner would discount the total price of both to $500,000 for a savings of almost $35,000.

Because of the location, the commercial zoning, and its historic flair this home would be a perfect Bed & Breakfast.  The small home next door could be used for a manager or owner as either home or office, and the property has plenty of space for parking, consisting of nearly four typical sized lots instead of just two.  It has plenty of visibility and could even be remodeled into a full residence with three floors of space and lots of original architecture and ambience for entertaining.  Don't miss out on owning a piece of beautiful and historic Fort Worth, Texas!

Comments (1)

Kyle Frazier
Christie's Great Estates | Pacific Union International - Mill Valley, CA
Kyle Frazier , CRS & Marin CA Realtor

Nice presentation and good practice to showcase listings via this network.  I think I will follow suit.

Jan 09, 2007 04:54 AM