401 Main Street

$999,000

401 Main Street

20 Beds 10 Baths 7,140 Sq.Ft.

Description

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.

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Location

401 Main Street, Brownwood, TX 76801

Status

For Sale

Property Amenities

Interior

Appliances Dishwasher, Electric Oven, Refrigerator

Flooring Luxury Vinyl, Luxury Vinyl Plank

Total Bedrooms: 20

Full Bathrooms: 10

Other Interior Features Open Floorplan

Area & Lot

Lot Area 0.49 Acres

Living area 7,140 Sq.Ft.

MLS® ID 20846855

Year Built 1990

School District Brownwood ISD

High School Brownwood

Middle School Brownwood

Elementary School Northwest

Type Multi-Family

Status For Sale

Exterior

Stories 1

Pool None

Air conditioning Central Air, Ceiling Fan(s)

Heat type Central

Water Source Public

Sewer Public Sewer

Parking Asphalt

Roof Composition

Utilities Electricity Connected, Sewer Available, Separate Meters, Water Available

Finance

Sales Price $999,000

Real Estate Tax $5,784 yearly

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$999,000

401 Main Street

Description

Share Property

Location

Status

Property Amenities

Interior

Area & Lot

Exterior

Finance

360 Virtual Tour

Take a tour of this property

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Featured Properties

$9,950,000

$7,000,000

$3,750,000

$3,499,999

$3,250,000

$2,995,000

$2,898,360

$2,549,301

$2,499,000

Work With Aaron

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Leave a Message

Thank you for your message. We will be in touch with you shortly.

$999,000

401 Main Street

Description

Share Property

Location

Status

Property Amenities

Interior

Area & Lot

Exterior

Finance

360 Virtual Tour

Take a tour of this property

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Featured Properties

$9,950,000

$7,000,000

$3,750,000

$3,499,999

$3,250,000

$2,995,000

$2,898,360

$2,549,301

$2,499,000

Work With Aaron

Follow Me On Instagram

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