$285,000
Accepting Backup Offers

1904 Cedarhill Drive

Killeen, TX 76543
3360 sqft | 0.19 acres | #542226
Browse 5 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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.

  • Property Details
      • Exterior MaterialsBalcony, Patio
    • Measurements
      • Acres0.1884
      • Square Feet3360
  • Construction Details
      • StyleTraditional
      • Property TypePurchase
    • Condition
      • Year Built1985
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable, TrashCollectionPublic
      • Sewer InformationNotConnectedatlot, PublicSewer
      • Utility SourcePublic, Other, SeeRemarks
  • Community and Neighborhood Details
      • SubdivisionEvening Hollow 3rd Ext
    • Location
      • Elementary SchoolHay Branch Elementary School
      • Middle SchoolRancier Middle School
      • High SchoolKilleen High School
      • School DistrictKilleen ISD
      • CountyBell
  • Financial Details
      • Original List Price$315,000
  • Other
      • MLS #542226

Location

Nikki CarrReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00