2312 ANDOVER DRIVE, KILLEEN, TX 76542

Homes for sale in Killeen.

Homes for sale in 76542.


Active

List Price$390,000

2312 Andover Drive

Killeen, TX 76542

Listing Image Listing Image

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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