Listing photo for 1041 S 14th Street, Abilene, TX
Listing photo for 1041 S 14th Street, Abilene, TX
Listing photo for 1041 S 14th Street, Abilene, TX
Listing photo for 1041 S 14th Street, Abilene, TX
Listing photo for 1041 S 14th Street, Abilene, TX
Listing photo for 1041 S 14th Street, Abilene, TX
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1041 S 14th Street,

Abilene, TX

$138,000

5 Beds
0.14 Acres

Three-unit investment property on busy thoroughfare means your FOR LEASE sign will get high visibility when leasing this centrally-located property. Front house (1041 S 14th St.) leases for $600 per month and is a 1104-sf, 3-bedroom 1-bath house and tenant pays all bills. Rear, two-story, two-unit property (addressed 1417 Sycamore A & B) are each 624-sf, one-bedroom units and lease for $650 each with all bills paid. Assuming a 95% occupancy, gross revenues are forecast to be $21,739. Gross expenses are forecast to be $7,782 leaving net income of $13,956 per annum. If purchased at the asking price, this provides an investor a 9.98% cap rate on this property.

Facts & Features
MLS® # 14343143
Price $138,000
Bedrooms 5
Bathrooms 0.00
Full Baths 3
Acres 0.14
Year Built 1928
Type Multi-Family
Sub-Type Triplex
Status Active
Community Information
Address 1041 S 14th Street
Area ABILENE SOUTHEAST (304)
Subdivision Ledbetter Horton & Hall
City Abilene
County Taylor
State TX
Zip Code 79602-3836
Amenities
Utilities Alley, Asphalt, MUD Sewer, MUD Water
Parking Spaces 3
Garages Other
Is Waterfront No
Has Pool No
Interior
Interior Features Other
Appliances Refrigerator, Other
Heating Other, Window Unit
Fireplace No
# of Stories 2
Stories 2
Exterior
Roof Composition
Construction Wood
Foundation Slab, Pier & Beam
School Information
District Abilene ISD
Elementary Bowie
Middle Madison
High Cooper
Listing Details
Agent John Hill
Office Barnett & Hill

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Listing information last updated on May 31st, 2020 at 2:15pm CDT.

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