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1612 4th Street

Brownwood, TX 76801
  • $245,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 20431934
UPDATED: 196 min ago
$245,000
  • 2
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Justin Riggan of Kw Synergy - Heartland: 325-510-0444.

Description

This is a remarkable investment opportunity with this recently renovated duplex, boasting a modern and attractive design. With a complete remodel less than one year ago, this property offers an ideal buy-and-hold scenario, promising excellent returns in today's dynamic real estate market. This charming property features a well-designed duplex layout, each side offering one bedroom and one bathroom. No detail has been spared in the renovation of this property. Everything is new, from the mechanical systems and flooring to the fresh paint, electrical, plumbing, and appliances. It's a turnkey investment with all the modern conveniences. Both sides of the duplex are currently leased, ensuring a steady monthly rental income of $2300 per month. This investment boasts an attractive CAP rate of 10%. Tenants are responsible for covering all utilities. If you're seeking a sound real estate investment with a secure income stream, this duplex offers an exceptional opportunity.

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or GS Realty Team | Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than GS Realty Team | Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-24T23:40:26.3.
www.gsrealtyteam.com/homes/143446809
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1612 4th Street Brownwood, TX 76801

  • Price: $245,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 196 min ago
  • MLS #: 20431934
2
Beds
2
Baths
0
½ Baths
0.22
Acres
Neighborhood:
Coggin Addition
County:
Brown
Area:
Brownwood
Elementary School:
Coggin
High School:
Brownwood
School District:
BROWNWOOD ISD
Property Description
This is a remarkable investment opportunity with this recently renovated duplex, boasting a modern and attractive design. With a complete remodel less than one year ago, this property offers an ideal buy-and-hold scenario, promising excellent returns in today's dynamic real estate market. This charming property features a well-designed duplex layout, each side offering one bedroom and one bathroom. No detail has been spared in the renovation of this property. Everything is new, from the mechanical systems and flooring to the fresh paint, electrical, plumbing, and appliances. It's a turnkey investment with all the modern conveniences. Both sides of the duplex are currently leased, ensuring a steady monthly rental income of $2300 per month. This investment boasts an attractive CAP rate of 10%. Tenants are responsible for covering all utilities. If you're seeking a sound real estate investment with a secure income stream, this duplex offers an exceptional opportunity.
Exterior Features

Carport Spaces 0 Construction Siding Covered Spaces 0 Dock Permitted No Foundation Pillar/Post/Pier Lot Description Interior LotLevel Lot Dimensions 50X192 Lot Size Source Appraiser Parking Or Garage AssignedDrivewayOn Street Parking Spaces 2 Patio And Porch Features Covered Pool On Property No Roof Composition Waterfront YN No

Interior Features

Appliances Electric OvenMicrowaveRefrigerator Attached Garage No Cooling Ceiling Fan(S)Window Unit(S) Fireplace Features None Fireplaces 0 Flooring Luxury Vinyl Plank Garage No Handicap YN No Heating Electric Interior Features Eat-In KitchenWainscoting Window Features Window Coverings

Property Features

Accessory Unit YN No Alarm Or Security Type Smoke Detector(S) Building Area Source Owner Building Area Total 1407.00 Complex Name Na Construction Status Preowned Exclusions Washers And Dryers Are Tenant Owned Gross Annual Expenses 3060.00 Gross Annual Income 27600.00 HOA None Horse Permitted No Insurance Expense 2000 Intermediate School Name Brownwood Lake Pump No Levels One List MLSProvider Heartland Association Of Realtors Listing Terms 1031 ExchangeCashConventional Municipal Utility District No Net Operation Income 24540 Operating Expense Includes InsuranceNew Tax Possession Closing/FundingLease OutstandingSubject To Lease Property Type Duplex Tenancy Over 9 Months Utilities All Weather RoadAsphaltCable AvailableCity SewerCity WaterElectricity ConnectedIndividual Gas MeterPhone Available Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or GS Realty Team | Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than GS Realty Team | Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-24T23:40:26.3.
 
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GS Realty Team | Fathom Realty
210 York Ave
Weatherford TX, 76086
Offered by Justin Riggan of Kw Synergy - Heartland: 325-510-0444.