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About the Listing LSHOLO1M - 0509953
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.
Listing Highlights for 401 Main St
Interior Details
- Bedrooms: 20
- Bathrooms: 10 Full
- Appliances: Electric Oven, Refrigerator
- Air Cond: Central Air,Electric
- Heating: Central,Electric
- Fireplaces:
- Floor: Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Cable TV Available
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 20
- Roof: Composition
- Others: Preowned
- Sewer:
- Parking Features: Additional Parking,Asphalt,Lighted,On Site
Financial Details
- Tax Amount: $6,940
- Taxes w/Assessments: N/A
- Tax/Property ID: 000000055806
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
401 Main St Brownwood, TX 76801
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