NOT LISTED FOR SALE
7 Beds
7 Baths
3,472 Sq Ft
7,013 Sq Ft Lot

Last Sold March 25, 2022

13 Days on Market

Highlights

  • Dual Staircase
  • Balcony
  • Interior Lot
  • Wood Flooring

About This Home

As of March 2022

Great money maker, 7 units! Currently fully occupied and the owner has spent nearly the entire year doing repairs and improvements on this historic property! 5 units are 1 bed, 1 living, kitchen, and 1 bath that rent for $750 per month all bills paid. The 2 smaller studio units are 1 main area, kitchen, and bath that rent for $650 per month all bills paid. All tenants are on month to month lease so the new owner is free to do as they please with leases for current and future tenants. 8 parking spots in back and room on the side for a few more if needed. Rare opportunity for a multi family property in the Abilene market, act fast!

Last Agent to Sell the Property

Remy Locascio

KW SYNERGY* License #0634977 Listed on: 12/14/2021

KW SYNERGY*

Last Buyer's Agent

Tammy Kister

Absolute Real Estate Mgt. License #0467463

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1928

Lot Details

  • 7,013 Sq Ft Lot
  • Interior Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 3,472 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Gas Range

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Parking

  • 8 Car Garage
  • Rear-Facing Garage

Schools

  • Bowie Elementary School
  • Madison Middle School
  • Cooper High School

Additional Features

  • Balcony
  • Window Unit Cooling System

Community Details

  • 3,472 Sq Ft Building
  • Jalonick 1St Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / A
  • Assessor Parcel Number 43509
  • $912 per year unexempt tax

Property Details

Home Type

Apartment

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 49400
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 124.13594
  • Special Features: None
  • Year Built: 1928

Interior Features

  • Square Footage: 3472.00
  • Interior Amenities: Multiple Staircases
  • Flooring: Luxury Vinyl Plank, Wood
  • Appliances: Gas Range

Beds/Baths

  • Full Bathrooms: 7
  • Total Bedrooms: 7

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: None
  • Roof: Other
  • Construction Materials: Stucco, Wood
  • Exterior Features: Balcony
  • Waterfront: No

Garage/Parking

  • Cooling System: Window Unit(s)
  • Number Of Parking Spaces: 8
  • Parking Features: Garage Faces Rear
  • GarageYN: No

Utilities

  • Heating: None
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Abilene ISD
  • Elementary School: Bowie
  • Middle School: Madison
  • High School: Cooper
  • School District: Abilene ISD
  • Elementary School: Bowie
  • High School: Cooper

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.1610
  • Parcel Number: 43509
  • Lot Size Acres: 0.1610
  • Lot Size Sq Ft: 7013.1600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1928
  • Units Total: 7
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 11200.00
  • Gross Annual Income: 60600.00
  • Insurance Expense: 1000
  • Tenancy: Month to Month
  • Unit Count: 7

Tax Info

  • Unexempt Taxes: 912
  • Special Taxing Entities: No
  • TaxBlock: A
  • Tax Lot: 8

MLS Schools

  • MiddleOrJuniorSchool: Madison
  • Middle School Name: Madison
  • Elementary School Name: Bowie
  • High School Name: Cooper

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold -- -- --
12/27/2021 12/27/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $425,000 -- $122 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14725830

North Texas Real Estate Information Systems (NTREIS)

APN: 42500001100