615 E Washington St, Giddings, TX 78942
- $265,000
- 4
- BD
- 3
- BA
- 3,008
- SqFt
- List Price
- $265,000
- Status
- ACTIVE
- Days on Market
- 94
- MLS#
- 8415909
- Subtype
- Residential
- Year Built
- 1936
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,008
- Lot Size
- 11,499
- Acres
- 0.26
- Subdivision
- Ot Giddings
- Neighborhood
- Ot Giddings
- MLS Area Major
- Milam/Lee
Property Description
Investor opportunity in the heart of Giddings TX featuring a well-located 3-unit property with strong income potential and value-add upside. Two of the three units have been significantly renovated, offering updated interiors that are attractive to tenants and help support current market rents. The third unit (Unit B) is occupied by a long-term tenant of over 20 years and is in fair condition, presenting a clear opportunity for future renovation and rent growth once vacated. This setup provides a desirable mix of immediate cash flow with built-in upside for investors seeking to increase returns over time. County records indicates the property was built in 1936, and it reflects a combination of classic construction with selective modern updates. Great for investors looking for a stabilized asset with additional value-add potential. Conveniently located in the center of town, with access to local amenities, employment, and commuter routes.   Buyer to verify all information including condition, rents, and square footage. NOTES: Unit C (upstairs) is vacant. Units A and B are tenant occupied. Please do not contact the tenants.
/u.realgeeks.media/ashbyre/c1fefc98a401-final.png)
Additional Information
- Amenities
- Ceiling-High, Entrance Foyer
- Interior Features
- Ceiling-High, Entrance Foyer
- Exterior Features
- Exterior Steps
- Taxes
- $5,357
- Appliances
- Built-In Electric Oven, Built-In Electric Range, Refrigerator
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Clapboard, Wood Siding
- Stories
- 2
- Levels
- Two
- Roof
- Composition, Shingle
- School District
- Giddings ISD
- Elementary School
- Giddings
- Middle School
- Giddings
- High School
- Giddings
- View
- City
Mortgage Calculator
Listing courtesy of Beycome Brokerage Realty LLC. Contact: (804) 656-5007
Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.