109 Fisher St 6 Unit Apartment Building $2,187,280 CAD ($364,547 CAD/Unit) Elgin, TX 78621

Maximize your portfolio's performance with this rare opportunity to acquire a fully leased, income-generating duplex portfolio in the rapidly expanding Austin MSA. Located at 109 Fisher Street in Elgin, this 8,334 SF multifamily assembly offers immediate cash flow with significant built-in equity. While currently generating strong returns with rents between $1,700 and $1,800, the property presents immediate upside potential with market rates trending north of $1,875.
This strategic investment is designed for maximum flexibility; each unit is separately platted, allowing owners the unique ability to sell, refinance, or execute 1031 exchanges on individual units as needed. Situated just thirty minutes east of downtown Austin, Elgin is capturing the overflow of the region’s massive industrial and tech expansion. The property benefits from the area's robust rental demand and long-term appreciation, making it an ideal "buy and hold" asset with versatile exit strategies already in place.
To further enhance this opportunity, seller financing is available with qualifying collateral, providing a streamlined path to ownership in one of Central Texas’s most consistent growth corridors. Do not miss the chance to secure a stabilized asset with high-yield potential and favorable financing terms. Contact Prolific Commercial today for a property memorandum and to schedule your private tour.