Rare opportunity to own a fully renovated, bulletproof multi-unit investment property on one acre in Reno, TX, just minutes from all the shopping, dining, and conveniences of Azle. This unique setup includes four income-producing units across three separate homes—two single-family residences plus one duplex—all renovated over the last two years with stud-to-stud upgrades well beyond market standards. Every major component has been replaced, including roofs, septic systems, HVAC, insulation, flooring, kitchens, baths, paint, and more. Zero deferred maintenance and no upcoming cap-ex make this a true turnkey asset.
Each unit features its own private fenced backyard, dedicated driveway parking, and two covered carport spaces. Individual water and electric meters are installed for all units, and each dwelling includes its own exterior storage building. Designed for longevity and low maintenance, this property offers excellent stability with three units leased and one single-family home intentionally left vacant for potential owner-occupancy or new leasing—previously rented for $1,850 per month. 8.2% Projected Cap Rate thanks to the zero deferred maintenance upkeep!
Located within Springtown ISD, the property offers a quiet, small-town feel with quick access to nearby urban conveniences. An adjoining parcel may also be available for purchase and includes utilities, three-phase electric service, and an approx. 6,400 sq ft shop with separate work and office areas—including restrooms—offering additional income potential or space for a business operation. Situated on a corner lot, the expansion option provides outstanding accessibility for contractors, business owners, or investors looking to grow their residential or commercial portfolio.
This is a truly rare chance to acquire a turnkey, fully modernized, low-risk investment property with multiple paths for income, expansion, and owner-occupancy flexibility.
4,078 Sq Ft
1.061 Acri privati Dimensione del lotto
investimento
Costruito in 1983
MLS/ID annuncio 21113573
4 Unità
Metallo
Grondaie
Parking - Gravel
Parcheggio - Vialetto
Parcheggio - Copert
Illuminazione
Dog Run
Parziale
Recintato
Recinzione incrociata
Giardino
Tappeto
Slab
Heating - Electric
Open Floor Plan
Piani di lavoro in granito
Cucina abitabile
Lot - Level
Lot - Interior Lot
Lot - Few Trees
Lotto - Sgomberato
Forno a microonde
Parking - Carport
Coperture per finestre
Composizione
Deposito
Cooling - Ceiling Fans
Raffreddamento - Aria condizionata centralizzata
Cooling - Electric
Construction - Board Batten Siding
Lavastoviglie
Smaltimento
Gamma elettrica
Scaldabagno elettrico
COSTO MENSILE TOTALE
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