217 2nd Street, Cross Plains, Texas

Description

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.

Directions: From the main intersection in Cross Plains, head north towards Abilene. Turn right onto SE 2nd St. The property is a couple blocks down on the left.