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$2,000,000
Est. payment /mo
6,889 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,889 sqft
Price per Sqft $290
Subdivision Bagby
MLS Listing ID 2881930
Year Built 1998
Annual Tax Amount $13,535
Tax Year 2025
Lot Size 0.366 Acres
Acres 0.3659
Property Sub-Type Multi Family
Source actris
Property Description
This well-maintained property is ideally situated in a highly sought-after location near Baylor University, offering excellent visibility and accessibility. Recent updates include a roof, fresh exterior paint, durable Hardiplank sheathing, modern vinyl plank flooring, security lighting, and updated entry pads. With these key improvements already completed, this property is well situated for investors.
The property offers strong future potential, including the possibility of converting to condominiums and selling units individually down the line. Currently offering a solid 7% cap rate, this is an outstanding opportunity in a growing and vibrant area.
The property offers strong future potential, including the possibility of converting to condominiums and selling units individually down the line. Currently offering a solid 7% cap rate, this is an outstanding opportunity in a growing and vibrant area.
Location
State TX
County Mclennan
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Tile, Vinyl
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
View None
Total Parking Spaces 10
Building
Sewer Public Sewer
Water Public
Structure Type Brick,HardiPlank Type,Board & Batten Siding
New Construction No
Others
Special Listing Condition Standard
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Listed by Compass RE Texas, LLC
NEARBY SCHOOL & BUSINESS
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