$2,600,000
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2 Beds
2 Baths
4,064 SqFt
SOLD DATE : 11/26/2024
Key Details
Property Type Multi-Family
Sub Type Multiple Detached Dwellings
Listing Status Sold
Purchase Type For Sale
Square Footage 4,064 sqft
Price per Sqft $579
Subdivision Schmidts
MLS Listing ID 60360127
Sold Date 11/26/24
Bedrooms 2
Full Baths 2
Year Built 2018
Annual Tax Amount $25,909
Tax Year 2022
Lot Size 0.988 Acres
Property Description
Welcome to The Reserve on Sabine a luxurious 16 unit multifamily complex! This property is a lucrative addition to any investment portfolio, offering immediate cash flow and long-term growth potential in a desirable location! The property is a 2 story, 4 building complex, with 4 units within each building. Each unit features modern finishes, including kitchen appliances, washer/dryer hookups, and high-speed internet access, providing tenants with the convenience and comfort they desire. Brenham historically has a strong rental market which presents an opportunity for rent appreciation, further increasing returns on your investment. The complex boasts a proven track record of steady and reliable rental income and minimal turnover. With 100% of units currently occupied, you can step into a profitable venture from day one. With a thriving rental market, well-maintained property, and strong tenant demand, this investment is a wise choice for seasoned and new investors alike.
Location
State TX
County Washington
Interior
Heating Central Electric
Cooling Central Electric
Flooring Carpet, Tile
Exterior
Utilities Available Electric, Water
Roof Type Composition
Building
Story 2
Unit Features Balcony,Carpets,Fenced Area,Patio
Structure Type Stone,Wood
New Construction No
Schools
Elementary Schools Bisd Draw
Middle Schools Brenham Junior High School
High Schools Brenham High School
School District 137 - Brenham
Others
Senior Community No
Restrictions Pets
Tax ID R25464
Energy Description Ceiling Fans
Tax Rate 1.832
Disclosures Other Disclosures
Special Listing Condition Other Disclosures
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Bought with Houston Association of REALTORS
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Agent | License ID: 0636269