$1,750,000
Accepting Backup Offers

502 Willow St

Bertram, TX 78605
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Description

Great investment opportunity in the ever-growing town of Bertram. This 14 unit complex is conveniently located right off of HWY 29, making it an easy commute to the Austin area. Very low turnover rate with only 5 turned units in 2 years of ownership. Low monthly expenses, as tenants pay all utility costs. Most leases are month to month allowing for immediate rent increases. With over an acre of unimproved land, the development potential for more multi-family units is huge with this property. Exterior was freshly painted in July 2022. New storage facility added in June 2022.Seller has also been aggressively updating units with vinyl plank flooring and appliances.
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  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1987
  • Community and Neighborhood Details
    • Location
      • County:Burnet
  • Other
    • Source
      • MLS #:160964

Location

Delz Realty GroupReal Estate Group
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