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$350,000

Est. payment - /mo

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7 Beds

5 Baths

0.3 Acres Lot

New

117 Victoria Street Abilene, TX 79603

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Patricia Ann Young

patricia@followmyheelshome.com +1(972) 795-4260

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Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Ot Abilene

MLS Listing ID 21325505

Bedrooms 7

Full Baths 3

Half Baths 2

HOA Y/N None

Total Fin. Sqft 1408

Year Built 1944

Annual Tax Amount $3,102

Lot Size 0.299 Acres

Acres 0.299

Property Sub-Type Multiple Single Units

Property Description

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.

Location

State TX

County Taylor

Direction From sayles blvd, turn east onto north first and take a left(north) onto victoria st.

Interior

Interior Features Cable TV Available, High Speed Internet Available, Vaulted Ceiling(s)

Heating Electric

Cooling Wall Unit(s), Wall/Window Unit(s)

Flooring Carpet, Combination, Hardwood, Laminate

Appliance Electric Oven, Microwave, Refrigerator

Heat Source Electric

Exterior

Garage Spaces 2.0

Fence Back Yard, Wood

Utilities Available Alley, Asphalt, City Sewer, City Water, Electricity Connected, Sidewalk

Roof Type Shingle

Total Parking Spaces 2

Garage Yes

Building

Story Two

Foundation Pillar/Post/Pier, Slab

Level or Stories Two

Structure Type Aluminum Siding,Siding

Schools

Elementary Schools Eugene Purcell

Middle Schools Craig

High Schools Abilene

School District Abilene Isd

Others

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21325505

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Josh Rader • McCullar Properties Group LLC

NEARBY SCHOOL & BUSINESS

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Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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117 Victoria Street Abilene, TX 79603

Patricia Ann Young

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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117 Victoria Street