1505 Alamo Avenue, Killeen, TX 76541

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List Price
$120,000
Status
ACTIVE
Days on Market
8
MLS#
626291
Subtype
Residential
Style
Ranch
Architectural Style
Ranch
Year Built
1955
Living Area
1,759
Acres
0.24
Subdivision
Castle Heights Blks K-Y
Neighborhood
Castle Heights Blks K-Y

Property Description

Looking for an investment opportunity in Killeen? This tenant-occupied duplex offers immediate rental income with both units currently leased! The property features two separate units with a combined 5 bedrooms and 2 bathrooms, private laundry rooms, and a chain-link fenced yard. Property Highlights: Unit 1: 3 Bedrooms | 1 Bathroom | Currently rented at $875/month Unit 2: 2 Bedrooms | 1 Bathroom | Currently rented at $625/month Total Monthly Rental Income: $1,500 Annual Gross Rental Income: $18,000 Both units currently tenant-occupied Brand-new windows throughout both units Central heating installed in 2023 Private laundry rooms for each unit Chain-link fenced yard With established tenants and recent improvements, this duplex offers an opportunity to add an income-producing property to your real estate portfolio. Whether you're expanding your investment portfolio or purchasing your first rental property, schedule your showing today!

Additional Information

Interior Features
Ceiling Fan(s)
Property Description
Ranch
Flooring
Laminate, Vinyl
Appliances
Gas Range, Refrigerator, Some Gas Appliances
Heating
Central, Multiple Heating Units, Natural Gas
Air Conditioning
Wall/Window Unit(s)
Stories
1
Levels
One
Roof
Composition, Shingle
Foundation
Slab
Pool Type
None
School District
Killeen ISD
View
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of McG Homestead Rentals & Sales. Contact: (254) 415-7480