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616 Grand Avenue, Abilene, TX 79605

Beds
4
Baths
3
Sqft
2,192

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKW SYNERGY*
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
3
Square feet
2,192
Lot size (acres)
0.27
Year built
1915

Interior features

Fireplaces
1

Utilities

Heating
Central
Cooling
Central air
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$2,626

Taxes

Tax Annual Amount
$2,530

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: North Texas Real Estate Information Systems (NTREIS) MLS®#: 20913173 Last checked:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.