Address
1041 S 14th Street Abilene, TX
Price
$ 90,000
Property Attributes
  • MLS#14343143
  • TypeMulti-Family
  • CountyTAYLOR
  • CityAbilene
  • AreaD2A-INSIDE CITY
  • NeighborhoodLedbetter Horton & Hall
  • Zip79602
  • StyleMUL-Triplex
  • Year Built1928
  • Taxes583
  • Price$ 90,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2352
  • Lot Size5,924 SqFt
Listing Provided Courtesy Of:
John Hill with Barnett & Hill
Property Description

Three-unit investment property on busy thoroughfare means your FOR LEASE sign will get high visibility when leasing this centrally-located property. Front house (1041 S 14th St.) leases for $600 per month and is a 1104-sf, 3-bedroom 1-bath house and tenant pays all bills. Rear, two-story, two-unit property (addressed 1417 Sycamore A & B) are each 624-sf, one-bedroom units and lease for $650 each with all bills paid. Assuming a 95% occupancy, gross revenues are forecast to be $21,739. Gross expenses are forecast to be $7,782 leaving net income of $13,956 per annum. If purchased at the asking price, this provides an investor a 9.98% cap rate on this property.

Elementary School Middle School High School
Bowie Elementary School Madison Middle School Cooper High School
Price History
5/15/2020 Listed $139,000
5/18/2020 1% - $138,900
5/19/2020 1% - $138,000
6/1/2020 29% - $99,000
7/7/2020 5% - $95,000
8/19/2020 6% - $90,000

General Features

# of Buildings 2
Block 3
Complex Name no name
Construction Materials Wood
HOA Type None
Heating Other, Window Unit
Interior Features Other
Listing Area ABILENE SOUTHEAST (304)
Lot Number 5
Other Equipment Other, Refrigerator
Property Type Multi-Family
School District Abilene ISD
School Name Cooper
School Name Bowie
Stories 2
Sub Area D2A-INSIDE CITY (3)
Subdivision Ledbetter Horton & Hall
Type MUL-Triplex
Utilities Alley, Asphalt, MUD Sewer, MUD Water
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14343143
Year Built 1928
Year Built Details Preowned

Interior Features

# of Units 3
Sqft Building 2352
Total Bedrooms 5

Exterior Features

Foundation Pier & Beam, Slab
Lot Size Area 0.136
Lot Size Area 0.136
Lot Size Area (acres) 0.136
Lot Size Area (sq Ft) 5924
Lot Size Units Acres
Number Of Parking Spaces 3
Parking Features Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 79602

Price
AVG $140K
$90K
Taxes
AVG $1,480
$583
Visits
AVG 295
193
Year Built
AVG 1973
1928
Walkscore
AVG 49
50
Data Provided by Walkscore ® not using MLS data

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