1402 N Adams St, Fredericksburg, TX 78624
1402 N Adams St, Fredericksburg, TX 78624
1402 N Adams St, Fredericksburg, TX 78624
1402 N Adams St, Fredericksburg, TX 78624
1402 N Adams St, Fredericksburg, TX 78624
1402 N Adams St, Fredericksburg, TX 78624
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Chance Pircher

Chance Pircher

+1(210) 331-3870
$ 990,000
Est. payment | /mo

9 Beds

6 Baths

4,646 SqFt

Save
$ 990,000
Est. payment | /mo
Save

9 Beds

6 Baths

4,646 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 4,646 sqft

Price per Sqft $213

Subdivision Sandcast

MLS Listing ID 2011635

Style One Story

Bedrooms 9

Full Baths 6

Year Built 1980

Annual Tax Amount $5,190

Property Sub-Type Multi-Family (2-8 Units)

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 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

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Kimberly Bowling • Compass RE Texas, LLC - SA • (936) 203-3351
Chance Pircher

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(210) 331-3870

chance.pircher@lptrealty.com

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1402 N Adams St