2105 Robert E Lee Drive, Killeen, TX 76543
- $269,550
- 1,952
- SqFt
- List Price
- $269,550
- Price Change
- ▼ $10,450 1776389449
- MLS#
- 605902
- Status
- ACTIVE
- County
- Bell
- City
- Killeen
- Subdivision
- Chimney Hill Estates 2nd Repla
- Living Area
- 1,952
- Acres
- 0.26
- Property Subtype
- Quadruplex
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.
Additional Information
- Days on Market
- 144
- Year Built
- 1979
- Style
- Traditional
- Stories
- 1
- Interior Features
- Tub Shower, Walk-In Closet(s)
- Cooling
- Central Air, Electric, 3+ Units
- Heating
- Central, Electric, Multiple Heating Units
- Roof
- Composition, Shingle
- Pool Description
- None
- School District
- Killeen ISD
- Elementary School
- Peebles Elementary School
- Middle School
- Rancier Middle School
- High School
- Killeen High School
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Listing courtesy of Real Broker, LLC.