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About the Listing TREG01 - 0725110
Attractive and well-maintained 16-unit multifamily investment in Franklin, TX consisting of 8 duplexes with a hard-to-find all 3-bedroom, 2-bath layout and limited competing inventory, supporting strong and consistent tenant demand. Located within 20 minutes of Bryan-College Station with access to nearby manufacturing and industrial employment. Fully leased and producing immediate cash flow. Tenants pay utilities, helping maintain efficient operating margins. Nearly $200K in capital improvements completed, including new roofs and gutters, HVAC upgrades, and interior renovations, reducing near-term capital needs. Current rents range from $1,300 to $1,400, generating approximately $190K–$200K NOI. Additional upside through continued rent growth, washer and dryer installation (connections in place), and further interior and site enhancements. On-site management and vendor relationships in place, providing for a smooth transition and ease of ownership.
Interior Details
- Bedrooms: 48
- Bathrooms: 32 Full
- Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
- Air Cond: Central Air,Electric
- Heating: Central,Electric
- Fireplaces:
- Floor: Laminate,Luxury Vinyl Plank,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Open Floorplan
- Water:
Exterior Details
- Lot Description: 1 to < 3 Acres
- Garage Capacity: N/A
- Parking Spaces: 32
- Roof: Composition
- Others: Private Yard,Preowned
- Sewer:
- Parking Features: Concrete
Financial Details
- Tax Amount: $31,973
- Taxes w/Assessments: N/A
- Tax/Property ID: 060800000180
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
723 N Marsnhall St Franklin, TX 77856
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