For sale
$265,000
615 E Washington St
Giddings, TX 78942
- 4 beds
- 3 baths
- 3,008 sq ft
- 0.26 acres
Listing courtesy of Beycome Brokerage Realty LLC · (804) 656-5007 · MLS# 8415909 · Status: Active
About this home
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.
Description provided by the listing brokerage.
Facts
- Property type
- Residential · Single Family Residence
- Year built
- 1936
- Lot size
- 0.26 acres
- Living area
- 3,008 sq ft
- Price per sq ft
- $88
- Bathrooms
- 3 full, 0 half
- Annual taxes
- $5,357
- County
- Lee
- Neighborhood
- Ot Giddings
- School district
- Giddings ISD
- Schools
- Giddings · Giddings · Giddings
Features
- Roof
- Composition, Shingle
- View
- City
- Sewer
- Public Sewer
- Levels
- Two
- Cooling
- Central Air
- Fencing
- Back Yard
- Heating
- Central
- Flooring
- Carpet, Vinyl, Wood
- Utilities
- See Remarks
- Appliances
- Built-In Electric Oven, Built-In Electric Range, Refrigerator
- Lot
- Corner Lot
- Water
- Public
- Pool
- None
- Horse amenities
- None
- Windows
- Wood Frames
- Parking
- None
- Exterior
- Exterior Steps
- Interior
- Ceiling-High, Entrance Foyer
- Community
- None
- Foundation
- Pillar/Post/Pier
- Waterfront
- None
- Energy efficiency
- None
- Accessibility
- None
- Construction
- Clapboard, Wood Siding
- Patio & porch
- Covered, Front Porch, Porch, Wrap Around
Location
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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