Killeen, TX 76543,2104 Jerome DR

$515,000

Est. payment /mo
Est.Price: ?

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2104 Jerome DR Killeen, TX 76543

4,428 SqFt

SOLD DATE : 03/25/2022

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,428 sqft

Price per Sqft $118

Subdivision Rkilkimp1B

MLS Listing ID 9541595

Sold Date 03/25/22

HOA Y/N No

Year Built 1975

Tax Year 2021

Lot Size 10,672 Sqft

Acres 0.245

Property Sub-Type Quadruplex

Source actris

Property Description

Offer Deadline - 5 pm, Sunday (January 16). ALL 8 UNITS OCCUPIED! Cash-flowing 8-plex in Killeen, Texas, is a great investment opportunity for anyone looking to diversify their portfolio. Austin is just one hour away! Rents range from $525 to $550 per month ($4,330 total rent), with all long-term renters already in place. All 8 units are 1 bed, 1 bath, 553 sqft. Almost 9% cap rate on a turnkey investment. Owner pays trash, water, and lawn maintenance. All electric, each unit comes with individual AC units. Plenty of parking in the lot for tenants. It's ready for the next investor to take over and enjoy the long-term appreciation and cash flow - just a short drive from Taylor, TX where the new $18B Samsung plant is in the plans. Property management is already in place. Don't miss on this opportunity. Showings allowed with an executed contract only during option period, as required by the property management company.

Location

State TX

County Bell

Area Kl

Interior

Interior Features Ceiling Fan(s)

Heating Electric

Cooling Electric, Multi Units

Flooring Vinyl

Fireplace Y

Appliance Dishwasher, Microwave, Electric Oven, Refrigerator

Exterior

Exterior Feature None

Fence See Remarks

Community Features None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View See Remarks

Roof Type Shingle

Accessibility None

Porch See Remarks

Building

Lot Description See Remarks

Faces West

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type HardiPlank Type

New Construction No

Schools

Elementary Schools Hay Branch

Middle Schools Rancier

High Schools Killeen

School District Killeen Isd

Others

Pets Allowed Cats OK, Dogs OK

Restrictions See Remarks

Acceptable Financing Cash, Conventional, 1031 Exchange

Tax Rate 2.2

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

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Listed by Local Life Realty, LLC • Darsh Parikh
Bought with Hippo Realty, LLC
Richard Caprioli

Richard Caprioli

Advisor | License ID: 545677

+1(512) 294-8968

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