2312 ANDOVER DRIVE, KILLEEN, TX 76542
Homes for sale in Killeen.
Homes for sale in 76542.
List Price$390,000
2312 Andover Drive
Killeen, TX 76542
Listing #621754
4,012
Square Feet
6
Number of Units
House
Type
About This Property
Investment Opportunity -- Income-Producing 6-Plex in Killeen, TX Excellent opportunity to own a well-located 6-unit multifamily property in Killeen, TX. The property consists of four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a desirable mix to attract a wide range of tenants. Currently 5 of the 6 units are occupied, providing immediate rental income with additional upside by leasing the remaining vacant unit. All units are all-electric, and the property is serviced by one water meter, simplifying utility management. Conveniently located near Fort Cavazos, shopping, restaurants, schools, and major roadways, this property is well-positioned in a strong rental market. Whether you're adding to your investment portfolio or completing a 1031 exchange, this is an excellent opportunity to own a cash-flowing asset with value-add potential. Property Features: 6-unit multifamily property Four 2-bedroom, 1-bath units Two 1-bedroom, 1-bath units 5 occupied units, 1 vacant unit All-electric units Single water meter Convenient location near Fort Cavazos, shopping, and major employers Opportunity to increase income by leasing the vacant unit Buyer to verify all information, including square footage, leases, schools, and utility information.
Property Features
Location Information
County
Bell
Directions
W Jasper Road, right on Andover, apartment on the left
Subdivision
South Gate
Interior Features
Interior
Ceiling Fan(s)
Floors
Tile, Vinyl
Has Fireplace
No
Laundry
None
Fireplace Description
None
Disabled Features
None
Heating
Central
Appliances
Dishwasher, Electric Range, Refrigerator, Range
Cooling
Central Air
Total Number of Units
6
Exterior Features
Stories
1
Fencing
None
Construction/Exterior
Brick
Lot Size in Acres
0.296
Foundation
Slab
Water Body
None
Possession
Closing & Funding, Closing
Has Waterfront
No
Water / Sewer
Public Sewer
Has View
No
Has Garage
No
View
None
Garage Spaces
0
Is One Story
Yes
School
School District
Killeen ISD
Additional Information
Roof/Attic
Composition, Shingle
Property SubType 2
Residential
Other Utilities
Water Available
Year Built
1972
Property Type
SFR
Status
Active
Property SubType
Apartment
Square Feet Source
Appraiser
Similar Listings
Mortgage Calculator
$1,821
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,405
Monthly Tax
$325
Monthly Insurance
$91
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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