Investor opportunity in the heart of Giddings TX featuring a well-located 3-unit property with strong income potential and value-add upside. Two of the three units have been significantly renovated, offering updated interiors that are attractive to tenants and help support current market rents. The third unit (Unit B) is occupied by a long-term tenant of over 20 years and is in fair condition, presenting a clear opportunity for future renovation and rent growth once vacated. This setup provides a desirable mix of immediate cash flow with built-in upside for investors seeking to increase returns over time. County records indicates the property was built in 1936, and it reflects a combination of classic construction with selective modern updates. Great for investors looking for a stabilized asset with additional value-add potential. Conveniently located in the center of town, with access to local amenities, employment, and commuter routes. Buyer to verify all information including condition, rents, and square footage. NOTES: Unit C (upstairs) is vacant. Units A and B are tenant occupied. Please do not contact the tenants.
Listed By
Agency Name: Beycome Brokerage Realty LLC
Agency Phone: (804) 656-5007
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimated Payment
$ 1,113.48 per month $589.78 Principal & Interest $446.42 Property Tax $77.29 Homeowner's Insurance
615 E Washington St | MLS# 8415909
This single family home located at 615 E Washington St, Giddings, TX 78942 is currently listed for sale with an asking price of $265,000. This property was built in 1936 and has 4 bedrooms and 3 full baths with 3008 sq. ft. E Washington St is located in the Ot Giddings subdivision within the Giddings ISD school district. Search Ot Giddings real estate on www.rmcapitalcity.com today.