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1513 Durham Avenue Brownwood, TX 76801
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Coggin Add
MLS Listing ID 20293176
Bedrooms 15
Full Baths 10
Year Built 1978
Annual Tax Amount $5,430
Lot Size 1.206 Acres
Property Description
TURNKEY INVESTMENT OPPORTUNITY! 10 rentals in 5 locations in Brownwood with a 10% cap rate and opportunity to improve. The complex at 1513 Durham has 6, 1 bed 1 bath approx 650 sq ft duplexes, each with their own carport and laundry, central HVAC. 1617 2nd St is on a corner lot, recently renovated, 3 bed 1 bath, central HVAC, all electric. 1703 1st St is a 2 bed 1 bath with gas range and water heater, no central HVAC. 1115 Schroeder is a cute 2 bed 1 bath home that needs renovating, no central HVAC. 1101 Schroeder is a 2 bed 1 bath with central HVAC. Both Schroeder homes got new roofs in June. All but one unit has a newer water heater. 8 currently rented. The other 2 need repairs before putting back on the market. They never stay vacant long. Set yourself up with another stream of income that pays for itself! Start building your portfolio today!! Let's talk about it.
Location
State TX
County Brown
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Hardwood, Linoleum
Exterior
Fence Chain Link
Utilities Available Asphalt
Roof Type Asphalt
Building
Lot Description Corner Lot, Few Trees, Interior Lot
Story One
Foundation Pillar/Post/Pier
Structure Type Siding
Schools
Elementary Schools East
Middle Schools Brownwood
High Schools Brownwood
School District Brownwood Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Affordable Housing, Deed Restrictions
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Bought with Justin Riggan • KW SYNERGY - Heartland