217 2nd St, Cross Plains, TX 76443

$230,000
: 5
BD
: 4
BA

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List Price: $230,000
MLS#: 21135250
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Year Built: 2018
Construction Status: Preowned
Bedrooms: 5
Full Baths: 4
Acres: 0.32
County: Callahan
City: Cross Plains
Subdivision: Central - Cp
Building Name: Cross Plains Duplexes

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Property Description

Income-Producing Duplex Portfolio - 4 Units - Cash Flowing Located at 217 Southeast 2nd Street in Cross Plains, this well-positioned two-building, four-unit duplex complex presents a compelling opportunity for investors seeking immediate cash flow with long-term upside. The property consists of two separate duplex buildings, offering operational flexibility and reduced risk through unit diversification. All four units are currently cash flowing, making this a true turnkey investment from day one. Recent improvements include minor updates to the HVAC systems, enhancing efficiency and reliability, as well as newer appliances throughout the units—helping to reduce near-term capital expenditures and support tenant retention. The layout and configuration appeal to long-term renters, while the separate building setup provides potential advantages for future value-add strategies, individual building disposition, or refinancing options. Highlights for Investors: Two buildings - four total units - duplex configuration Currently cash flowing Updated HVAC components Newer appliances Low-maintenance asset with stabilized income Strong fit for buy-and-hold or portfolio expansion This is an excellent opportunity to acquire a stabilized multifamily asset in a solid rental market, offering both immediate income and long-term appreciation potential.

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