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$ 425,000
Est. payment | /mo
4,240 SqFt
$ 425,000
Est. payment | /mo
4,240 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,240 sqft
Price per Sqft $100
MLS Listing ID 26-5908
Year Built 1941
Source Amarillo Association of REALTORS®
Property Description
Fantastic investment opportunity in the desirable Bivins neighborhood! This updated quadplex features three 1-bedroom, 1-bath units that are currently leased, providing immediate rental income, plus one vacant 3-bedroom, 2-bath unit ready for an owner-occupant or additional rental income. Numerous improvements include a new roof, new sewer lines, updated electric, and a new HVAC system in Unit 1. All utilities are separately metered, making management simple and efficient. The property also offers a fenced yard for added tenant enjoyment. Project Cap Rate: 9.25% Whether you're looking to expand your investment portfolio or live in one unit while the others help pay the mortgage, this well-maintained property is one you won't want to miss!
Location
State TX
County Potter
Area 0101 - Bivins
Zoning 0100 - NW Amarillo in City Limits
Direction North on Washington from I40, West on 11th
Exterior
Roof Type Composition
Others
Tax ID 214138
Listed Anastasia Blanda • Keller Williams Realty Amarillo
Nearby Locations
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