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… Read More 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. Read Less
Courtesy of Turnkey Realty LLC, Jordan Barton.
Listing Snapshot
Days Online
6
Last Updated
Property Type
Duplex
Beds
5
Full Baths
4
Lot Size
0.32 Acres
Year Built
2018
MLS Number
21135250
Additional Details
Appliances & Equipment
ElectricRange, Refrigerator
Building
Built in 2018, Construction materials: WoodSiding, Levels: One, 2 buildings, 1, Toal building area: 3120
Cooling
Electric
Expenses
Insurance: $2,500
Floors
Laminate
Heating
Electric
Income
Gross income: $29,400, Net operating income: $19,400
