409 Main StTaylor, TX 76574

This exceptional multifamily property, located at 409 S Main St in Taylor, Texas, presents a unique owner-user opportunity. The 2,000 square foot building, constructed in 1960 and renovated in 2020, boasts a desirable B3 zoning classification. Currently operating at 100% occupancy since October 17, 2023, this property offers a strong net operating income (NOI) of $57,000, translating to a compelling 6.71% cap rate. Priced at $850,000 ($425 per square foot), this single-unit property sits on a 0.12-acre lot and includes 5 parking spaces. Its prime downtown location benefits from the proximity to the upcoming Samsung facility, promising significant future growth potential. The property's versatile design allows for both retail operations on the ground floor and comfortable residential living upstairs, making it an ideal investment for an owner-operator seeking a blend of income generation and personal space. The building's recent renovation ensures modern amenities and functionality. This is a rare opportunity to acquire a high-performing asset in a rapidly developing area. The property is currently 100% occupied and is being sold by the owner.