1402 N Adams St.,Fredericksburg, TX 78624
Fredericksburg, TX 78624
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
Details
| MLS # | 125331 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 40 |
| Listing Provided By | Compass RE Texas, LLC | Kimberly Bowling |
Features
| SQ Feet | 4,646 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Zoning | Fredericksburg |
| Acreage | 0.28 |
| Water Front | Yes |
Area Information
| State | TX |
|---|---|
| County | Gillespie |
| City | Fredericksburg |
| Zip Code | 78624 |
| Area | Gillespie County |
| Community Name | Sand Castle (GILL) |
| Elementary School | Fredericksburg |
| Listing VS Median (in Sand Castle (GILL)) | |
Price: $990,000 low | high Med: $907,500 sqft: 4,646 low | high Med: 4,232 $ / sqft: $213 low | high Med: $215 On site: 40 low | high Med: 40 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Gillespie |
| City | Fredericksburg |
| Zip Code | 78624 |
| Area | Gillespie County |
| Community Name | Sand Castle (GILL) |
| Elementary School | Fredericksburg |
| Listing VS Median (in Sand Castle (GILL)) | |
Price: $990,000 low | high Med: $907,500 sqft: 4,646 low | high Med: 4,232 $ / sqft: $213 low | high Med: $215 On site: 40 low | high Med: 40 | |
