Average square foot calculated using Size range provided by listing agent.
Description
The Brownwood Cottages is a turnkey, income-producing multi-family investment consisting of 10 units across five duplexes in Brownwood, TX. Generating strong cash flow with low operating expenses, this property offers individually metered utilities (electric and water paid by tenants), low property taxes ($5, 787 annually, under 7% of scheduled income), and minimal maintenance costs due to recent renovations, including updated plumbing (2023), HVAC (2020), and new appliances. With high occupancy and strong rental demand, the property benefits from its prime location near Howard Payne University and major employers. Don't miss out on this rare opportunity to acquire a stable, high-yield asset in a growing rental market.Show Description
MLS® Number21044456
Laundry Level
Central VacNo
FireplaceNo
Acreage0.489
Exterior
GarageNo
Approx. Age1990
Basement
DrivewayAdditional Parking, Asphalt, Lighted, On Site
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Electric
Heating Fuel
Extras
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