Excellent investment opportunity in the heart of Lampasas. This tenant-occupied multi-unit residential property offers immediate income potential with three well-positioned rental units in a convenient location close to shopping, restaurants, schools, and everyday amenities. The property features a duplex with each side offering approximately 1,200 square feet, 2 bedrooms, and 1 full bath. In addition, a separate two-story unit was fully renovated in 2023 and includes approximately 1,100 square feet with 2 bedrooms, 1 full bath, and 1 half bath. All units are currently tenant occupied, providing a turnkey opportunity for investors seeking steady rental income. Conveniently located with easy access to downtown Lampasas, this property offers strong long-term investment potential in a growing Central Texas market. Whether you are looking to expand your rental portfolio or secure a multi-unit income-producing property, this is an opportunity worth exploring.
Square Feet
3,500
Lot Size
0.2059 acres
Year Built
1950
Type
Multi-Family
Status
sale
MLS Grid (Unlock MLS / ACTRIS)
Listed by Jim Banks
Free. Your message goes directly to a Shapiro Group agent.
304 S Walnut St #A, B, & C
Lampasas, TX 76550
Est. Monthly Payment
$2,266
Estimates based on 6.5% rate. Actual payments may vary.