905-909 Shepherd St Morgan, TX 76671

This exceptional investment opportunity presents a portfolio of six rental units situated across three duplex buildings in Morgan, Texas. The property, located at 905-909 Shepherd St, boasts a total asking price of $675,000, translating to an attractive price per unit of $112,500. Constructed in 2000, these well-maintained buildings offer a strong rental history, providing immediate cash flow for the new owner. The property's strategic location in Morgan, Texas, contributes to its appeal. Beyond the existing six units, a significant advantage lies in the ample available land. This expansive lot presents a substantial opportunity for future development, allowing for the construction of an additional ten or more units. This expansion potential significantly enhances the property's overall cap rate and maximizes the long-term investment return. The property is ideally suited for both seasoned investors seeking to expand their portfolio and those looking to enter the multifamily market. This is a rare chance to acquire a well-established, income-producing asset with considerable upside potential in a growing market. The property's solid foundation and expansion possibilities make it an exceptional investment opportunity. The zip code is 76671, and the property is located in Bosque County.