Duplex 10% Cap – Killeen, 76541
This duplex is 1,768 sqft is 100% occupied and recently remodeled. The left side is a 3 bed, 1 bath unit collecting $700/month; the right side is a 1 bed, 1 bath unit collecting $400/month. Tenants pay for utilities. Both units are in good condition and need little to no work. Contracted sight unseen. Owner currently has advertised the property on various sites. Not MLS listed, contract was terminated in Jan. Pics online are dated and do not reflect the update. New pics coming soon.
- Offer Price: $74K
- ARV: $100K+
- Repairs: minimal if any
- Rent: $1,100 /month
- Rents $1100/month, tenants already in and are on a month to month lease.
- Home has been remodeled – recent updates include new kitchen in B unit
- A Unit is a 3/1 and B Unit is a 1/1
- A Unit needs no updating according to the seller
- B Unit – is installing new kitchen and is almost finished. drainage just needs to be connected to the sink. New sink, new cabinets, new appliance
- Roof was replaced 4 years ago
- Foundation – Pier and beam, no issue according to seller
- Air – central heat + air. Furnace was replaced last year
- Utility room has central air
Please let us know if you or someone you know might be interested. Email, call or text us at 512-535-5554. Click Here for the Investor Packet including detailed financials, comps, pictures, and more.
- $5,000 Non-Refundable Deposit & signed agreement to secure contract
- Properties are sold on a ‘first come, first serve’ basis
- Buyer pays standard closing costs incl. title and a new survey, if required
- Buyers responsibility to do their own due diligence and verify all information