117 VICTORIA STREET, ABILENE, TX 79603
Homes for sale in Abilene.
Homes for sale in 79603.
List Price$350,000
117 Victoria Street
Abilene, TX 79603
Listing #21325505
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
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