About 217 2nd Street
Income-Producing Duplex Portfolio - 4 Units - Cash Flowing Located at 217 Southeast 2nd Street in Cross Plains, this well-positioned two-building, four-unit duplex complex presents a compelling opportunity for investors seeking immediate cash flow with long-term upside. The property consists of two separate duplex buildings, offering operational flexibility and reduced risk through unit diversification. All four units are currently cash flowing, making this a true turnkey investment from day one. Recent improvements include minor updates to the HVAC systems, enhancing efficiency and reliability, as well as newer appliances throughout the units—helping to reduce near-term capital expenditures and support tenant retention. The layout and configuration appeal to long-term renters, while the separate building setup provides potential advantages for future value-add strategies, individual building disposition, or refinancing options. Highlights for Investors: Two buildings - four total units - duplex configuration Currently cash flowing Updated HVAC components Newer appliances Low-maintenance asset with stabilized income Strong fit for buy-and-hold or portfolio expansion This is an excellent opportunity to acquire a stabilized multifamily asset in a solid rental market, offering both immediate income and long-term appreciation potential.
Features of 217 2nd Street
| MLS® # | 21135250 |
|---|---|
| Price | $230,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Acres | 0.32 |
| Year Built | 2018 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 217 2nd Street |
|---|---|
| Subdivision | Central - Cp |
| City | Cross Plains |
| County | Callahan |
| State | TX |
| Zip Code | 76443 |
Amenities
| Utilities | City Sewer, City Water, Electricity Connected |
|---|---|
| Parking Spaces | 8 |
| Garages | Common, Driveway |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Eat-in Kitchen, High Speed Internet Available |
|---|---|
| Heating | Electric |
| Fireplace | No |
Exterior
| Roof | Metal |
|---|---|
| Construction | Wood |
| Foundation | Pillar/Post/Pier |
School Information
| District | Cross Plains ISD |
|---|---|
| Elementary | Cross Plains |
| Middle | Cross Plains |
| High | Cross Plains |
Additional Information
| Flooring | Laminate |
|---|---|
| Net Income | $19,400 |
| Building Sqft | 3,120 |
| # Units | 4 |
Listing Details
| Agent | Jordan Barton |
|---|---|
| Office | Turnkey Realty LLC |
| Contact Info | 325-430-2411 |
