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Andrea Miranda

andreamirandarealtor@gmail.com +1(956) 784-0164

Est. payment | -/mo

9 Beds

6 Baths

4,646 SqFt

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Est. payment | -/mo

Save

9 Beds

6 Baths

4,646 SqFt

Key Details

Property Type Multi-Family

Sub Type One Story

Listing Status Active

Purchase Type For Sale

Square Footage 4,646 sqft

MLS Listing ID 2011635

Style One Story

Bedrooms 9

Full Baths 6

Year Built 1980

Annual Tax Amount $5,190

Lot Size 0.281 Acres

Acres 0.281

Property Sub-Type One Story

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.

Location

State TX

County Gillespie

Area 3100

Zoning R2

Interior

Heating Central

Cooling One Central

Flooring Other

Exterior

Exterior Feature Brick

Garage Spaces 6.0

Roof Type Composition

Building

Foundation Slab

Sewer City

Water City

Schools

Elementary Schools Fredericksburg

Middle Schools Fredericksburg

High Schools Fredericksburg

School District Fredericksburg

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

VOW-LERA MLS - Local Expertise Regional Access / SABOR

Listed by Kimberly Bowling • Compass RE Texas, LLC - SA • (936) 203-3351

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+1(956) 784-0164

andreamirandarealtor@gmail.com

1402 N Adams St Fredericksburg, TX 78624

Andrea Miranda

Key Details

Location

Interior

Exterior

Building

Schools

Others

Schools and Properties Nearby

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1402 N Adams St

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