616 GRAND AVENUE, ABILENE, TX 79605

Homes for sale in Abilene.

Homes for sale in 79605.


Status of the property has changed, please contact for details

List Price$189,900

616 Grand Avenue

Abilene, TX 79605

Listing Image Listing Image

Listing #20913173

4

Bedrooms

3 full

Bathrooms

2,192

Square Feet

3

Number of Units

Multi-Unit Residential

Type

About This Property

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 Features

Location Information

County

Taylor

Subdivision

Park Heights Abl

Interior Features

Interior

High Speed Internet, Cable TV

Cooling

Central Air

Full Baths

3

Floors

Luxury Vinyl Plank

Has Fireplace

Yes

Appliances

Gas Oven, Gas Range

Number of Fireplaces

1

Total Number of Units

3

Heating

Central

Exterior Features

Stories

2

Pool Description

None

Construction

Wood Siding

Lot Size in Acres

0.27

Foundation

Pillar/Post/Pier

Lot Size in Sq. Ft.

11,761

Roof

Composition

Buildings

1

Parking Description

Driveway

Building Total Area (Sq. Ft.)

2,192

Garage Spaces

0

Is One Story

No

School

Elementary School District

Abilene ISD

Jr. High School

Madison

Elementary School

Bowie

High School

Cooper

Additional Information

Year Built Details

Preowned

Status

Closed

Property Type

RI

Has a Home Owners Association

No

Property SubType

Triplex

Tax Annual Amount

2530.0

Year Built

1915

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