The Brownwood Cottages is a turnkey, income-producing multi-family investment consisting of 10 units across five duplexes in Brownwood, TX. Generating strong cash flow with low operating expenses, this property offers individually metered utilities (electric and water paid by tenants), low property taxes ($5,787 annually, under 7% of scheduled income), and minimal maintenance costs due to recent renovations, including updated plumbing (2023), HVAC (2020), and new appliances. With high occupancy and strong rental demand, the property benefits from its prime location near Howard Payne University and major employers. Don't miss out on this rare opportunity to acquire a stable, high-yield asset in a growing rental market.
For sale
$949,000
401 Main St, Brownwood, TX 76801
20beds
7,140sqft
Est.:
Duplex, Multi Family
Built in 1990
0.49 Acres Lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
- 42 days |
- 122 |
- 8 |
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