2312 Andover Drive, Killeen, TX 76542

$390,000
4,012
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$390,000
Status
ACTIVE
Days on Market
26
MLS#
621754
Subtype
Residential
Year Built
1972
Living Area
4,012
Acres
0.30
Subdivision
South Gate
Neighborhood
South Gate

Property Description

Investment Opportunity – Income-Producing 6-Plex in Killeen, TX Excellent opportunity to own a well-located 6-unit multifamily property in Killeen, TX. The property consists of four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a desirable mix to attract a wide range of tenants. Currently 5 of the 6 units are occupied, providing immediate rental income with additional upside by leasing the remaining vacant unit. All units are all-electric, and the property is serviced by one water meter, simplifying utility management. Conveniently located near Fort Cavazos, shopping, restaurants, schools, and major roadways, this property is well-positioned in a strong rental market. Whether you're adding to your investment portfolio or completing a 1031 exchange, this is an excellent opportunity to own a cash-flowing asset with value-add potential. Property Features: 6-unit multifamily property Four 2-bedroom, 1-bath units Two 1-bedroom, 1-bath units 5 occupied units, 1 vacant unit All-electric units Single water meter Convenient location near Fort Cavazos, shopping, and major employers Opportunity to increase income by leasing the vacant unit Buyer to verify all information, including square footage, leases, schools, and utility information.

Additional Information

Interior Features
Ceiling Fan(s)
Flooring
Tile, Vinyl
Appliances
Dishwasher, Electric Range, Refrigerator, Range
Heating
Central
Air Conditioning
Central Air
Stories
1
Levels
One
Roof
Composition, Shingle
Foundation
Slab
Pool Type
None
School District
Killeen ISD
View
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Soldiers of Real Estate. Contact: (254) 618-5140