$285,000
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3,360 SqFt
SOLD DATE : 09/18/2024
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $78
Subdivision Evening Hollow 3Rd Ext
MLS Listing ID 542226
Sold Date 09/18/24
Style Traditional
Construction Status Resale
HOA Y/N No
Year Built 1985
Lot Size 8,206 Sqft
Acres 0.1884
Property Description
Discover a prime investment opportunity in Killeen, Texas, with this fourplex boasting exceptional cash flow potential. Each of the four units offers two bedrooms, one bathroom, and thoughtful amenities, including private fenced backyards for the ground floor units and individual balconies for the upstairs residences. With laundry hookups in every unit, durable laminate flooring and tile throughout, as well as ample off-street parking for occupants, this property ensures convenience and longevity. Enjoy a solid 7.5% cap rate, making it an attractive prospect for savvy investors seeking steady returns. Additionally, a $10,000 concession is being offered, providing flexibility for repairs or a rate buy-down. Don't miss out on this lucrative venture. One similar quadplex property is also available for sale by this seller, with the potential for a partial or full portfolio sale. Owner financing with a 20% down payment may be available to well-qualified buyers.
Location
State TX
County Bell
Interior
Heating Electric
Cooling Central Air, Electric, 1 Unit
Flooring Tile, Vinyl
Fireplaces Type None
Fireplace No
Appliance Electric Range, Disposal, Refrigerator, Some Electric Appliances, Range
Laundry Washer Hookup, Electric Dryer Hookup, In Unit
Exterior
Exterior Feature Balcony, Patio
Garage Off Street, Parking Pad
Fence Back Yard, Chain Link
Pool None
Community Features Curbs
Utilities Available Electricity Available, Trash Collection Public
Waterfront No
View Y/N No
Water Access Desc Public,Other,See Remarks
View None
Roof Type Composition,Shingle
Accessibility None
Porch Balcony, Patio
Building
Story 2
Entry Level Two
Foundation Slab
Sewer Not Connected (at lot), Public Sewer
Water Public, Other, See Remarks
Architectural Style Traditional
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Hay Branch Elementary School
Middle Schools Rancier Middle School
High Schools Killeen High School
School District Killeen Isd
Others
Tax ID 30357
Acceptable Financing Cash, Conventional, FHA, Owner May Carry, VA Loan
Listing Terms Cash, Conventional, FHA, Owner May Carry, VA Loan
Financing Cash
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Bought with Jeffrey McElroy • Real Broker