217 2nd Street, Cross Plains, Texas, 76443
$230,000
3,120 Sqft
0.32 Acres
5 bd
4 ba
#21135250
Income-Producing Duplex Portfolio - 4 Units - Cash Flowing Located at 217 Southeast 2nd Street in Cross Plains, this well-positioned two-building, four-unit duplex complex presents a compelling opportunity for investors seeking immediate cash flow with long-term upside. The property consists of two separate duplex buildings, offering operational flexibility and reduced risk through unit diversification. All four units are currently cash flowing, making this a true turnkey investment from day one. Recent improvements include minor updates to the HVAC systems, enhancing efficiency and reliability, as well as newer appliances throughout the units—helping to reduce near-term capital expenditures and support tenant retention. The layout and configuration appeal to long-term renters, while the separate building setup provides potential advantages for future value-add strategies, individual building disposition, or refinancing options. Highlights for Investors: Two buildings - four total units - duplex configuration Currently cash flowing Updated HVAC components Newer appliances Low-maintenance asset with stabilized income Strong fit for buy-and-hold or portfolio expansion This is an excellent opportunity to acquire a stabilized multifamily asset in a solid rental market, offering both immediate income and long-term appreciation potential.
PROPERTY FEATURES
- 4 Unit(s)
- Utilities : City Sewer,City Water,Electricity Connected
- Parking Features: Common,Driveway
- 8 Parking Space(s)
- Lot Features : Metal
- Cooling: Electric
- Heating : Electric
- Construction Materials: Wood
- Foundation Details: Pillar/Post/Pier
- Interior Features: Eat-in Kitchen,High Speed Internet Available
- Appliances : Electric Range,Refrigerator
- Flooring : Laminate
- Levels : One
PROPERTY DETAILS
ID: 21135250
Status: Active
Price: $230,000
Acres: 0.32 Acres
Price Per Acre: $716,511
Type: Multi-family
Address: 217 2nd Street
City, State: Cross Plains, Texas
County: Callahan
Zip Code: 76443
Lat/Long: 32.124396, -99.163395
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