362 E Faust St - Apartments CONDO FOR SALE


New Braunfels, TX 78130
$625,000 USD
361-779-3860
362 E Faust St, New Braunfels, TX for Sale
$625,000 USD
Apartments CONDO - FOR SALE
1/25
null | Request Cap Rate

362 E Faust St
New Braunfels, TX 78130


HIGHLIGHTS

  • Prime Location: Located in the heart of New Braunfels, near the historic Faust Street Bridge, Guadalupe River, and downtown charm.
  • Turnkey Investment: Fully leased units providing immediate, reliable rental income.
  • Short-Term Rental Potential: Zoning allows for flexibility, enhancing investment opportunities.
  • Expand Your Portfolio: Identical duplex at 388 E. Faust St. (just two doors down) also for sale, creating a unique chance to secure multiple units.

OVERVIEW

Welcome to 362 E. Faust St. in the heart of vibrant New Braunfels! This well-maintained duplex, built in 2011, offers an incredible opportunity for comfortable living or investment. With a total of 2,160 square feet, each side features 1,080 square feet of well-designed living space, including 3 bedrooms, 2 baths, and an attached single-car garage. Both units are fully leased, providing immediate and reliable rental income for investors. Each unit boasts spacious interiors with open floor plans, a covered patio, and a shaded backyard, perfect for outdoor relaxation or entertaining. The layout is ideal for families, professionals, or tenants seeking the perfect balance of functionality and comfort. This property also allows for short-term rentals, making it an exceptional investment opportunity in a highly desirable area. Just moments from the historic Faust Street Bridge and the Guadalupe River, the property offers easy access to recreational activities and the charm of downtown New Braunfels. Also for sale just two doors down is another duplex (388 E. Faust St.) identical to this one, presenting a rare opportunity to expand your investment portfolio with ease. Whether you're looking to invest in a single property or secure two well-performing assets, these duplexes check all the boxes. Don't miss your chance to own turnkey investments in one of New Braunfels' most sought-after locations.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Duplex Downtown New Braunfels

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

2,160 SF

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rome GregorioKeller Williams HeritageMore Info
361-779-3860

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Rome GregorioKeller Williams HeritageMore Info
361-779-3860

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.