Investor Opportunity ? Fully Leased Fourplex Strong cash-flowing fourplex with all four units currently leased at $650/month, producing $2,600 in gross monthly income and $31,200 annually. With a cap rate of approximately 8%, this property offers investors a stable income-producing asset with consistent rental demand. Each unit is a 1 bedroom / 1 bathroom layout, a highly desirable configuration for workforce housing and long-term tenants. The property is currently performing with stable occupancy and reliable rental income already in place. Owner pays water, while tenants handle their own remaining utilities, helping keep operating costs manageable. This is a solid opportunity for investors seeking steady cash flow, stabilized occupancy, and an attractive cap rate in a small multifamily asset.
Listed By
Agency Name: Real Broker, LLC
Agency Phone: 855-450-0442
Shown By
Agent Name: Lisa Lyon
Agent Phone: (512) 293-5132
Agency Title: Realty Capital City
Estimated Payment
$ 704.83 per month $623.16 Principal & Interest $0.00 Property Tax (data not provided by mls) $81.67 Homeowner's Insurance
2105 Robert E Lee Drive | MLS# 605902
This multi-family property located at 2105 Robert E Lee Drive, Killeen, TX 76543 is currently listed for sale with an asking price of $280,000. Robert E Lee Drive is located within the Killeen ISD school district. Search Killeen real estate on llyon.rmcapitalcity.com today.