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Key Details
Sold Price $2,353,580
Property Type Residential Income
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,064 sqft
Price per Sqft $579
Subdivision Schmidts
MLS Listing ID 60360127
Bedrooms 2
Full Baths 2
Year Built 2018
Annual Tax Amount $25,909
Tax Year 2022
Property Sub-Type Detached
Property Description
Welcome to The Reserve on Sabine a luxurious 16 unit multifamily complex! This property is a lucrative addition to any investment portfolio, offering immediate cash flow and long-term growth potential in a desirable location! The property is a 2 story, 4 building complex, with 4 units within each building. Each unit features modern finishes, including kitchen appliances, washer/dryer hookups, and high-speed internet access, providing tenants with the convenience and comfort they desire. Brenham historically has a strong rental market which presents an opportunity for rent appreciation, further increasing returns on your investment. The complex boasts a proven track record of steady and reliable rental income and minimal turnover. With 100% of units currently occupied, you can step into a profitable venture from day one. With a thriving rental market, well-maintained property, and strong tenant demand, this investment is a wise choice for seasoned and new investors alike.
Location
State TX
County Washington
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile, Carpet
Laundry Washer Hookup, Dryer Hookup
Exterior
Fence Partial
Utilities Available Electricity Available, Water Available
Roof Type Composition
Building
Story 2
New Construction No
Schools
Elementary Schools Bisd Draw
Middle Schools Brenham Junior High School
High Schools Brenham High School
School District 137 - Brenham
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Bought with Houston Association of REALTORS
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Vicky Cedillo
Brokerage Owner | License ID: 607705
Brokerage Owner License ID: 607705
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