Alterman 2313 Alterman Dr 2 Unit Apartment Building $545,704 CAD ($272,852 CAD/Unit) 7.05% Cap Rate Temple, TX 76504

Now available for sale: a well-maintained duplex located in a quiet, established neighborhood in Temple, TX. Both units are currently leased to responsible tenants under renewable rental agreements, offering flexibility for future occupancy changes or continued rental use.
Each unit features a spacious 3-bedroom, 2-bath layout, with comfortable living areas, ample natural light, and functional kitchens. The property is situated on a low-traffic street, providing privacy and peace while remaining close to major roads and local conveniences.
Whether you're a homeowner looking to live in one side and rent the other, or a buyer seeking a low-maintenance, income-generating property in a growing market, this duplex presents a valuable opportunity.
Property Highlights:
? Fully Occupied – Immediate cash flow or owner-occupancy option upon lease expiration
?? Flexible Leases – Both units under renewable terms
?? Well Kept – Professionally maintained with minimal deferred maintenance
??? Onsite Parking – Each unit has its own designated parking
?? Residential Setting – Quiet neighborhood close to schools, shopping, and healthcare
Location Benefits:
?? Nearby Schools: Close to Western Hills Elementary, Bonham Middle School, and Temple High School
?? Colleges: Minutes from Temple College and Texas A&M University–Central Texas
?? Healthcare Access: Less than 10 minutes from Baylor Scott & White Medical Center
?? Commuter Friendly: Quick access to I-35 and Loop 363
This is a rare chance to own a fully leased duplex in one of Central Texas’s most accessible and livable cities. With rental demand steadily growing in the Temple area, this property offers flexibility, stability, and long-term value.