2105 Robert E Lee Drive, Killeen, TX 76543
- $269,550
- 1,952
- SqFt
- List Price
- $269,550
- Status
- ACTIVE
- Days on Market
- 148
- Price Change
- ▼ $10,450 1776389449
- MLS#
- 605902
- Subtype
- Residential
- Style
- Traditional
- Architectural Style
- Traditional
- Year Built
- 1979
- Living Area
- 1,952
- Acres
- 0.26
- Subdivision
- Chimney Hill Estates 2nd Repla
- Neighborhood
- Chimney Hill Estates 2nd Repla
Property Description
Investor Opportunity – Fully Leased Fourplex Strong cash-flowing fourplex with all four units currently leased at $650/month, producing $2,600 in gross monthly income and $31,200 annually. With a cap rate of approximately 8%, this property offers investors a stable income-producing asset with consistent rental demand. Each unit is a 1 bedroom / 1 bathroom layout, a highly desirable configuration for workforce housing and long-term tenants. The property is currently performing with stable occupancy and reliable rental income already in place. Owner pays water, while tenants handle their own remaining utilities, helping keep operating costs manageable. This is a solid opportunity for investors seeking steady cash flow, stabilized occupancy, and an attractive cap rate in a small multifamily asset.
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Additional Information
- Interior Features
- Tub Shower, Walk-In Closet(s)
- Property Description
- Traditional
- Flooring
- Vinyl, Wood
- Appliances
- Multiple Water Heaters, Oven, Refrigerator, Some Electric Appliances
- Heating
- Central, Electric, Multiple Heating Units
- Air Conditioning
- Central Air, Electric, 3+ Units
- Stories
- 1
- Levels
- One
- Roof
- Composition, Shingle
- Foundation
- Slab
- Pool Type
- None
- School District
- Killeen ISD
- Elementary School
- Peebles Elementary School
- Middle School
- Rancier Middle School
- High School
- Killeen High School
- View
- None
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Listing courtesy of Real Broker, LLC. Contact: 315-804-0180