1402 N Adams St, Fredericksburg, TX 78624
- $990,000
- 4,646
- SqFt
- List Price
- $990,000
- Status
- ACTIVE
- MLS#
- 125331
- Subtype
- Residential Income
- Style
- Traditional
- Year Built
- 1980
- Living Area
- 4,646
- Lot Size
- 12,249
- Acres
- 0.28
- Subdivision
- Sand Castle (Gill)
- MLS Area Major
- 84-Gillespie County
Property Description
Premier Fredericksburg 6-Plex | Fully Leased Investment Opportunity Exceptional six-unit multifamily property presents a rare opportunity to acquire a fully leased, income-producing asset in one of the Texas Hill Country's most desirable investment markets. Located at 1402 N. Adams Street in Fredericksburg, this well-maintained apartment community offers immediate cash flow, six income-producing units, and outstanding long-term investment potential. With approximately 4,646 square feet the property is currentlyoccupied, with all six units leased under fixed-term agreements, providing investors with rental income from day one. Multifamily properties of this size and quality rarely become available in Fredericksburg, making this an exceptional opportunity for investors seeking dependable cash flow and long-term appreciation. Residents enjoy convenient access to Historic Main Street, shopping, restaurants, schools, healthcare, local employers, and the renowned wineries that have made Fredericksburg one of Texas' premier destinations. Fredericksburg's continued population growth, strong local economy, and limited multifamily inventory continue to support a healthy rental market and lon
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Additional Information
- Interior Features
- Other
- Property Description
- Traditional
- Zoning
- Fredericksburg
- Flooring
- Vinyl
- Appliances
- Electric Water Heater, Dishwasher, Electric Range, Refrigerator
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Electric
- Stories
- 1
- Levels
- One
- Roof
- Composition
- Foundation
- Slab
- Parking Features
- No Carport/Garage
- Elementary School
- Fredericksburg
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Courtesy of Compass RE Texas, LLC