$285,000
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1904 Cedarhill DR Killeen, TX 76543
3,360 SqFt
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 3539474
Sold Date 09/18/24
HOA Y/N No
Year Built 1985
Annual Tax Amount $5,881
Tax Year 2023
Lot Size 8,206 Sqft
Acres 0.1884
Property Sub-Type Quadruplex
Source actris
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
Area Kl
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile, Vinyl
Fireplace Y
Appliance Electric Range, Electric Oven, Refrigerator
Exterior
Exterior Feature Balcony, Private Yard
Fence Back Yard, Wood
Community Features None
Utilities Available Cable Available, Electricity Available, Sewer Available, Water Connected
Waterfront Description None
View Neighborhood
Roof Type Composition
Accessibility None
Porch Rear Porch
Building
Lot Description Curbs, Few Trees, Level
Faces Northwest
Foundation Slab
Sewer Public Sewer
Water MUD, Public
Level or Stories Two
Structure Type Brick,Wood Siding
New Construction No
Schools
Elementary Schools Hay Branch
Middle Schools Rancier
High Schools Killeen
School District Killeen Isd
Others
Pets Allowed Negotiable
Restrictions None
Acceptable Financing Cash, Conventional, FHA, Owner May Carry, VA Loan
Tax Rate 1.893
Listing Terms Cash, Conventional, FHA, Owner May Carry, VA Loan
Special Listing Condition Standard
Pets Allowed Negotiable
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