Mark Maldonado
Mersal Realty
License number: 0655845
mobile: (972) 658-2877
 www.markmaldona­dorealty.com
$975,000
401 Main Street, Brownwood, Texas 76801, USA
MLS#
20846855
Property type
Residential For Sale, Multi-Family, Duplex
Land size
0.49 sqft (0.05 m2)
Building Size
7,140 sqft (663.3 m2)
Status
Bedrooms
20
Baths
10
Sale price per sqm
0 $
Virtual Tour
The Brownwood Cottages is a turnkey, income-producing multi-family investment consisting of 10 units across five duplexes in Brownwood, TX. Generating strong cash flow with low operating expenses, this property offers individually metered utilities (electric and water paid by tenants), low property taxes ($5,787 annually, under 7% of scheduled income), and minimal maintenance costs due to recent renovations, including updated plumbing (2023), HVAC (2020), and new appliances. With high occupancy and strong rental demand, the property benefits from its prime location near Howard Payne University and major employers. Don't miss out on this rare opportunity to acquire a stable, high-yield asset in a growing rental market.
Property Details
1990 Year Built:
Building or Complex name: The Brownwood Cottages Location:
Wood Exterior Description:
Resale Condition:
Refrigerator, Dishwasher, Oven-Electric Appliances:
city water, City sewer, Individual Water Meter Utilities:
Central Heating System:
Central, Ceiling Fan Cooling System:
composition Roofing:
Parking / Garage
8 Number of parking spaces:
School Information
Brownwood ISD School District:
Northwest Elementary School:
Brownwood High School:
Brownwood Middle School:

Listing by: Rogers Healy and Associates
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