1402 N Adams St, Fredericksburg, TX 78624

$990,000
4,646
SqFt

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List Price
$990,000
Status
NEW
Days on Market
4
MLS#
2011635
Year Built
1980
Living Area
4,646
Lot Size
12,240
Acres
0.28
Subdivision
Sandcast

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 long-term investment value. Whether you're expanding an existing portfolio, completing a 1031 exchange, or acquiring your first multifamily investment, this property offers six leased units in one of the strongest rental markets in the Texas Hill Country. Investment Highlights occupied with all six units under fixed-term leases Immediate rental income at closing Six income-producing residential units Approximately 4,646 square feet. Survey 12,242 (.281 Acres) Strong, cash-flow opportunity Excellent long-term investment potential Minutes from Historic Main Street Convenient access to shopping, dining, schools, healthcare, and local employers Ideal for investors or 1031 exchange buyers Located in one of Texas' premier Hill Country communities with strong rental demand Investment opportunities like this are increasingly rare in Fredericksburg. This fully leased six-plex offers the ideal combination of immediate income, long-term appreciation potential, and a prime location in one of Texas' most desirable real estate markets.

Additional Information

Exterior Features
Not Applicable/None
Zoning
R2
Heating
Central
Air Conditioning
One Central
Exterior Features
Brick
Roof
Composition
Foundation
Slab
School District
Fredericksburg
Elementary School
Fredericksburg
Middle School
Fredericksburg
High School
Fredericksburg

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Listing courtesy of Listing Agent: Kimberly Bowling (kim@kimbowling.com) from Listing Office: Compass RE Texas, LLC - SA.

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