705 S Broad ST, Lampasas, TX 76550
$320,000
Est.Price: ?

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5,616 SqFt

705 S Broad ST Lampasas, TX 76550

Est. payment /mo
SOLD DATE : 07/08/2019

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 5,616 sqft

Price per Sqft $54

Subdivision L S C 1St

MLS Listing ID 380143

Style Traditional

Year Built 1979

Lot Size 6,751 Sqft

Property Description

Fantastic Updated 6 unit Complex with Common Laundry Area and Storage Facilities. 5, 2-2 Bedroom, 1 Bath Apartments and 1, 1 Bedroom Apartment. Net Operating Income of $33,600 per year Boasts a 10.5% cap rate! Updates include new paint, new handrails, new staircases and 30-year architectural roof installed all this year! Great Tenants and High Occupancy Rates! Few Rentals in Lampasas keep this complex fully occupied!

Location

State TX

County Lampasas

Interior

Heating Electric, Multiple Heating Units

Cooling Electric, 3+ Units

Flooring Carpet, Laminate

Fireplaces Type None

Laundry Common Area

Exterior

Parking Features No Garage, Driveway Level

Fence Chain Link

Community Features None

Utilities Available Natural Gas Connected

Amenities Available None

View Y/N No

View None

Roof Type Composition,Shingle

Building

Story 2

Foundation Slab

Water Public

Schools

School District Lampasas Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Central Texas MLS (CTXMLS)
Listed by Jodie Nobles • RE/MAX Homestead
Bought with Jamie L Garrett • Harrell & Associates Real Esta

NEARBY SCHOOLS & BUSINESSES

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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