Average square foot calculated using Size range provided by listing agent.
Description
Located approximately 30 minutes from both Waco and Temple, this 12-unit multifamily property at 518 Cypress Rd in Lott, TX offers a solid opportunity for buyers seeking a value-add investment in Central Texas. The property consists of three residential buildings, each featuring four 2 bedroom 1 bathroom units of approximately 875 sq. Ft. Each, as well as a separate building that includes an on-site laundry facility and office space. Several units are currently occupied, while others may require updates or repairs, presenting an opportunity for repositioning over time. The location provides convenient access to major highways and nearby employment centers, which helps support ongoing rental demand. Prospective buyers are encouraged to independently verify all financials, occupancy, and condition of the property.Show Description
MLS® Number21847992
Laundry Level
Central VacNo
FireplaceNo
Acreage1.29
Exterior
GarageNo
Approx. Age1984
Basement
Driveway
Garage Spaces
HeatElectric
A/CElectric
Heating Fuel
Extras
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