117 VICTORIA STREET, ABILENE, TX 79603

Homes for sale in Abilene.

Homes for sale in 79603.


Active

List Price$350,000

117 Victoria Street

Abilene, TX 79603

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21325505

7

Bedrooms

3 full, 2 partial

Bathrooms

1,408

Square Feet

4

Number of Units

Multi-Unit Residential

Type

About This Property

multi-tenant investment opportunity with commercial upside, located at the corner of N 1st Street and Victoria Street in Abilene, Texas. Priced at $350,000 and currently generating approximately $3,800 per month in rental income, this three building package offers immediate cash flow with clear value add potential. The first parcel features direct N 1st Street frontage and was formerly operated as a used car dealership, now vacant and ready for a new owner's vision. The front building offers an ideal footprint for continuing automotive use or repositioning into another commercial or retail concept. At the rear of this structure is an occupied one-bedroom residential unit, providing stable income while you plan your next move for the commercial space. The second parcel, on the neighboring lot, contains two additional income producing buildings. One is a rented three bedroom, one bath single family home with a backyard, appealing to long term residential tenants. The other is a converted detached garage that now includes an upstairs one-bedroom apartment and a finished downstairs area currently used by the tenant as a "man cave," creating a unique live work or lifestyle rental configuration. With a mix of residential units and a flexible commercial building on a visible corner location, this package is ideal for an investor seeking affordable entry into multi tenant ownership, with room to enhance rents, reconfigure the commercial space, or further improve the existing structures.

Property Features

Location Information

County

Taylor

Subdivision

Ot Abilene

Interior Features

Interior

High Speed Internet, Cable TV, Vaulted Ceiling(s)

Cooling

Wall Unit(s), Wall/Window Unit(s)

Full Baths

3

Floors

Carpet, Combination, Hardwood, Laminate

1/2 Baths

2

Appliances

Electric Oven, Microwave, Refrigerator

Has Fireplace

No

Total Number of Units

4

Heating

Electric

Exterior Features

Stories

2

Fencing

Back Yard, Wood

Construction

Aluminum Siding

Patio / Deck Description

Covered

Foundation

Pillar/Post/Pier, Slab

Pool Description

None

Roof

Shingle

Lot Size in Acres

0.299

Utilities

Electricity Connected, Sewer Available, Water Available, Cable Available

Lot Size in Sq. Ft.

13,024

Security System

Carbon Monoxide Detector(s), Fire Alarm, Security Li

Buildings

3

Parking Description

Asphalt, Driveway, Garage

Building Total Area (Sq. Ft.)

1,408

Has Garage

Yes

Road Description

Asphalt

Garage Spaces

2

Is One Story

No

School

Elementary School District

Abilene ISD

Jr. High School

Craig

Elementary School

Eugene Purcell

High School

Abilene

Additional Information

Year Built Details

Preowned

Tax Annual Amount

3102.0

Property Type

RI

Exclusions

tenants belongings.

Year Built

1944

Community Features

Sidewalks

Status

Active

Documents Available

Aerial

Has a Home Owners Association

No

Lot Acres Source

Public Records

Similar Listings

Mortgage Calculator

$1,633

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,261

Monthly Tax

$291

Monthly Insurance

$81

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder