
Description
Are you looking to start or expand your investment portfolio? This fully functional 4-plex at 2317 Terrace Dr presents an excellent opportunity, even for VA and FHA buyers. With three out of four units currently leased, generating a gross rental income of $2,700 per month, the vacant unit allows owner-occupants to meet loan requirements while benefiting from rental income to offset their mortgage. Each unit features a spacious 3-bedroom, 2-bathroom layout with approximately 1,100 square feet of living space. The open floor plans, ample natural light, and functional designs make these units highly desirable for tenants and owner-occupants alike. Each unit also includes in-unit laundry connections and well-sized bedrooms, providing the space and convenience renters are looking for. This multi-family property offers immediate cash flow with the potential for increased rental income. Whether you are a seasoned investor or a first-time buyer looking to live in one unit while renting out the others, this property is a solid investment for long-term financial growth. Don't miss out on this opportunityschedule your showing today.
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0BEDS
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0.22ACRES
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0BATHS
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01/2 BATHS
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4,812SQFT
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$88$/SQFT
© 2025 Central Texas MLS.
Listing courtesy of Madison Brown of Isbell REALTORS: (254) 432-7030.
Description
Are you looking to start or expand your investment portfolio? This fully functional 4-plex at 2317 Terrace Dr presents an excellent opportunity, even for VA and FHA buyers. With three out of four units currently leased, generating a gross rental income of $2,700 per month, the vacant unit allows owner-occupants to meet loan requirements while benefiting from rental income to offset their mortgage. Each unit features a spacious 3-bedroom, 2-bathroom layout with approximately 1,100 square feet of living space. The open floor plans, ample natural light, and functional designs make these units highly desirable for tenants and owner-occupants alike. Each unit also includes in-unit laundry connections and well-sized bedrooms, providing the space and convenience renters are looking for. This multi-family property offers immediate cash flow with the potential for increased rental income. Whether you are a seasoned investor or a first-time buyer looking to live in one unit while renting out the others, this property is a solid investment for long-term financial growth. Don't miss out on this opportunityschedule your showing today.
© 2025 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Zina & Co. Real Estate. Data last updated: 2025-03-20T16:06:04.35.