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MLS® ID: 404281

511 N Gilmer Street

Killeen, Texas, 76541

$650,000 Active
  • 8110 SQFT
FULLY RENOVATED, FULLY OCCUPIED 12 Unit Apt Complex awaiting its new owner! All units are 2 bed, 1 bath, 675sqft with most being completely redone floor to ceiling. Ten of the units have brand new ACs and nearly all have new appliances, water heaters, disposals, etc. Cosmetic work completed throughout, new paint, flooring, fans, bathrooms, doors, etc. Owner has a to-the-penny breakdown all work completed on this property in the last year on file. Now with the property complete, owner is finishing re-renting units at post rehab rents. ***YOU'RE RESPONSIBLE TO DO YOUR OWN DUE DILIGENCE, THE FOLLOWING ARE ESTIMATES*** Annual Expenses: Vacancy(@5%): ($3,729) | Water/Trash:($3,780) | Electric:($444) | Maintenance & Upkeep:($,1800) | Taxes:($7,320) | Insurance:($3,532.20) | Management:($4,959.57) | *Estimated* Total:($22,136.71). *Estimated* NOI:$48,714.29. *Estimated* CAP:7.5%
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Listing courtesy of Keller Williams Realty - Waco

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    76541
  • Office name
    Keller Williams Realty - Waco
  • SQFT
    8110
  • Bedrooms
    0
  • Property type
    Residential
  • Elementary school
    East Ward Elementary School
  • Junior high
    Fairway
  • High school
    Killeen High School
  • Year built
    1972
  • Sewer
    Public Sewer
  • Heating
    Central
  • Tax year
    0
  • Agent name
    Lucas Brandt
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • HOA fees
    $ 0
  • Price Range
    $600k-$700k
  • Square Feet Range
    7000+ sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    H79552540
  • Agent ID
    H661520000

Location

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