616 GRAND AVENUE, ABILENE, TX 79605
Homes for sale in Abilene.
Homes for sale in 79605.
List Price$189,900
616 Grand Avenue
Abilene, TX 79605
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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