616 Grand Avenue

Abilene, Texas 79605

  • 4 Bed(s)
  • 3 Bath(s)
  • 0 Sqft
  • 0.27
    Acre(Lot)
$189,900

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.

  • Property Type

    Residential Income

  • Subdivision

    Park Heights Abl

  • County

    Taylor

  • Style

    Residential Income

  • AD ID

    49614988

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 3

    Interior Features

    • Cable TV Available,High Speed Internet Available

    Appliances

    • Gas Oven,Gas Range

    Utilities

    • City Sewer,City Water

    Cooling Features

    • Central Air

    Heating Source

    • Central

    Fireplace

    • Number of Fireplaces: 1
    • Fireplace Features: Living Room,None

  • Building Information

    • Built Year: 1915
    • Building Area Total: 2,192
    • Construction: Wood
    • Roof Type: Composition

    Foundation

    • Pillar/Post/Pier

    Construction Materials

    • Wood

  • Lot Information

    • Lot Size (Acr): 0.2700
    • Lot Size Units: Acres
    • Lot Size Square Feet: 11761.2000

    Property Information

    • Property Type: Residential Income
    • Property Sub Type: Triplex
    • Subdivision: Park Heights Abl
    • City: Abilene
    • State: Texas
    • Directions: From North on Sayles Blvd, Left on 7th St., Right on Grand Ave, house on Left.
    • Property Status: Active

  • Listing Price Information

    • Original List Price: $189,900

    Listing Information

    • Possession: Closing/Funding

  • Tax Information

    • Parcel Number: 31526
    • Tax Block: 2
    • Tax Legal Description: PARK HEIGHTS ABL, BLOCK 2, LOT 9 & N33.5 OF L
    • Tax Lot: 9
    • Unexempt Taxes: $2,530

  • Parking Information

    • Garage Space: 0
    • Parking: 4
    • Parking Features: Driveway

    Homeowners Association Information

    • HOA Type: None

  • School Information

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

    Utility Information

    • Utilities: City Sewer,City Water
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

BuyOwner last updated this listing 05/09/2025 @ 07:50

  • MLS: 454304514
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 4 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.