Huge price improvement! Wonderful income producing and fully occupied 6-plex in the City of Abilene. Property appraised for 500K! Improvements include new floor, interior and exterior paint, new mini-splits, two new large water heaters and more! 5 out of 6 units are all rented. Total gross rent is $4025 per month. All utilities are billed back to tenants via Ratio Utility Billing System (RUBS), keeping expenses low. New owners can continue to make improvements and push rents. New owner also has the option of doing a cost segregation study to unlock maximum tax benefits! Property manager will consider staying on and manage for the new owner. All documents available on transaction desk including appraisal, survey, P&L, rent roll, etc.
Features
directions_car6 carspaces
3405 sq. ft. floor area
crop_free11586.96 sq. ft. lot size
cottageMulti-Family
Property history for 1825 S 14th St
2022
Sold
Undisclosed
30 Jun 2022 by Jamie Dalzell, of Dalzell
Happy sellers in Abilene
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Local market activity for multi families in Abilene
Sold
For Sale
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