$320,000
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705 S Broad ST Lampasas, TX 76550
5,616 SqFt
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
Sold Date 07/08/19
Style Traditional
HOA Y/N No
Year Built 1979
Lot Size 6,751 Sqft
Acres 0.155
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
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Electric, Multiple Heating Units
Cooling Electric, 3+ Units
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Electric Range, Disposal, Gas Water Heater, Refrigerator
Laundry Common Area
Exterior
Garage No Garage, Driveway Level
Fence Chain Link
Community Features None
Utilities Available Natural Gas Connected
Amenities Available None
Waterfront No
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Accessibility Level Lot
Parking Type No Garage, Driveway Level
Building
Story 2
Entry Level Two
Foundation Slab
Water Public
Architectural Style Traditional
Level or Stories Two
Schools
School District Lampasas Isd
Others
Tax ID 1258-1
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Jamie L Garrett • Harrell & Associates Real Esta