$475,000

1250 Elm

Abilene TX, 79602

Description

SUPER investment opportunity. Two brick buildings-total 8 units. All 2 bdrm, 1 bath. Each approx 800 plus sq ft. Baths have tub & shower combo. Central HVAC. One bldg - built 1983, other - built 1984. Most units have dishwashers. No washer dryer hook ups. Vinyl flooring in units. Some units have carpet in bedrooms. Total electric. Individual water meters. Long time tenants - one for over 11 years. All leases now month to month. Old Laundromat bldg on premises - approx 1500 sq ft. It is not functional at this time. Will need to be renovated or removed. Rental rates have not been adjusted on most units in a long time. Potential for higher rental rates exists.

Details

MLS#14544347
Listing TypeFor Sale
Sub-TypeResale
StatusActive Option Contract
Year1983
Days On Site22

Features

SQ Feet6,500
Units8
Water FrontNo

Market Activity 79602

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Area Information
StateTX
CountyTaylor
CityAbilene
Zip Code79602
AreaABILENE SOUTHEAST (304)
Listing VS Median (in 79602)
Price:
$475,000
low | high
Med:
$228,131
100% of Average
SqFt:
6,500
low | high
Med:
1,651
100% of Average
$ / SqFt:
$73
low | high
Med:
$139
39.560478798653% of Average
On Site:
22
low | high
Med:
70.5
31.205673758865% of Average
Sourced by Back At You
Listing Updated: April 19, 2021 6:06:13 PM PDT
Kay Spiva LogoMLS Number: 14544347
Listing Provided By:
Kay Spiva  of  Berkshire Hathaway HS Stovall

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.