616 Grand Avenue new Save Request In-Person Tour Request Virtual Tour
Abilene,TX 79605
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Park Heights Abl
MLS Listing ID 20913173
Bedrooms 4
Full Baths 3
HOA Y/N None
Total Fin. Sqft 2192
Year Built 1915
Annual Tax Amount $2,530
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Triplex
Property Description
This well maintained triplex offers a fantastic investment opportunity in a prime location near the historic Sayles Blvd. neighborhood. The property features three units, each with current tenants in place. One unit is a 1 bedroom, 1 bath leased through February 2026 another is a 2 bedroom, 1 bath with a lease in place through July and the efficiency unit is leased through June 2025. Currently, the monthly income is $2,050, but there is room for even more based on current rental market value. Even as is, this triplex provides immediate cash flow, making it an ideal addition to any investor's portfolio.The property has recently been updated with a brand new roof installed in 2024 and exterior paint completed in 2021, ensuring minimal maintenance for years to come. All metered separately for electricity. Don't miss out on this opportunity to secure a property with reliable tenants and steady rental income.
Location
State TX
County Taylor
Direction From North on Sayles Blvd, Left on 7th St., Right on Grand Ave, house on Left.
Interior
Interior Features Cable TV Available,High Speed Internet Available
Heating Central
Cooling Central Air
Flooring Luxury Vinyl Plank
Fireplaces Number 1
Fireplaces Type Living Room,None
Appliance Gas Oven,Gas Range
Heat Source Central
Exterior
Utilities Available City Sewer,City Water
Roof Type Composition
Garage No
Building
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Wood
Schools
Elementary Schools Bowie
Middle Schools Madison
High Schools Cooper
School District Abilene Isd
Others
Ownership Callarman