2312 Andover Drive, Killeen, TX 76542

$390,000
4,012
SqFt

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List Price
$390,000
MLS#
621754
Status
ACTIVE
County
Bell
City
Killeen
Subdivision
South Gate
Living Area
4,012
Acres
0.30
Property Subtype
Apartment

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

Days on Market
13
Year Built
1972
Stories
1
Interior Features
Ceiling Fan(s)
Cooling
Central Air
Heating
Central
Roof
Composition, Shingle
Pool Description
None
School District
Killeen ISD

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Listing courtesy of Soldiers of Real Estate.