Skip To Content

404 N 16th Street

Killeen, TX 76541
  • $1,200,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 20220305
UPDATED: 24 min ago
$1,200,000
  • 12
    BEDS
  • 0.47
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Kyle Stone of Fathom Realty: 973-459-0652.

Description

CASH FLOW! 12-plex in Killeen - plenty of upside potential. Current owners have performed many renovations under their ownership and management. New roof, partial solar power, exterior paint, and 12 out of 12 have been renovated and updated to varying extents! Including HVAC upgrades, most kitchens, bathrooms, electrical, plumbing, flooring, etc. Great opportunity to own a strong asset in Kileen, TX. Benefit from bonus depreciation and or a 1031 exchange placement. Please do not distribute the residents.

Monthly Payment Calculator



© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Madewell Real Estate Company. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Madewell Real Estate Company are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-02-01T16:43:51.773.
www.madewellrec.com/homes/135344828
Print Image

404 N 16th Street Killeen, TX 76541

  • Price: $1,200,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 24 min ago
  • MLS #: 20220305
12
Beds
12
Baths
0
½ Baths
0.47
Acres
1961
Built
Neighborhood:
Harbour
County:
Bell
Area:
Killeen
Elementary School:
Iracross
High School:
Killeen
School District:
Killeen Isd
Property Description
CASH FLOW! 12-plex in Killeen - plenty of upside potential. Current owners have performed many renovations under their ownership and management. New roof, partial solar power, exterior paint, and 12 out of 12 have been renovated and updated to varying extents! Including HVAC upgrades, most kitchens, bathrooms, electrical, plumbing, flooring, etc. Great opportunity to own a strong asset in Kileen, TX. Benefit from bonus depreciation and or a 1031 exchange placement. Please do not distribute the residents.
Exterior Features

Carport Spaces 0 Construction Brick Construction Materials Walls 12 Covered Spaces 0 Dock Permitted No Fencing Privacy Foundation Slab Parking Or Garage No GarageOff StreetOn StreetOutside Pool On Property No Roof Shingle Waterfront YN No

Interior Features

Appliances DishwasherElectric OvenElectric Water Heater Attached Garage No Cooling Ceiling Fan(S)Central AirWall Unit(S)Wall/Window Unit(S) Fireplaces 0 Garage No Handicap YN No Heating Central Interior Features Other Kitchen Equipment 888-455-6040

Property Features

Accessory Unit YN No Building Area Source Assessor Building Area Total 6821.00 Complex Name N/A Construction Status Preowned Gross Annual Expenses 15000.00 Gross Annual Income 109776.00 HOA None Insurance Expense 4000 Lake Pump No List MLSProvider Collin County Association Of Realtors Listing Terms 1031 ExchangeCashConventional Municipal Utility District No Net Operation Income 94776 Possession Closing/Funding Property Type Apartment Senior Community No Tenancy Other Unexempt Taxes 8996 Utilities City SewerCity WaterElectricity Connected Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Madewell Real Estate Company. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Madewell Real Estate Company are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-02-01T16:43:51.773.
 
https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_2_20220305-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_2_20220305-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_2_20220305-2.jpg
Logo
Madewell Real Estate Company
5124 82nd St
Lubbock TX, 79424
Offered by Kyle Stone of Fathom Realty: 973-459-0652.