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  • Price$128,000
  • Beds2
  • Acres0.13
  • Built1975

1031 S 14th Street, Abilene

Centrally-located duplex built in 1975. Each 2 bedroom, 1 bath unit leases for $600 per month and measures 784 sqft. Separately metered leaves landlord with expenses for lawn care, insurances, maintenance and property taxes. Assuming a 95% occupancy, gross revenues are forecast to be $13,730. Gross expenses are forecast to be $4,255 leaving net income of $9,475 per annum. If purchased at the asking price, this provides an investor a 7.35% cap rate on this property. Property at 1041 S 14th to the west is also for sale, bringing unit count across both properties to five.

Essential Information

  • MLS® #14276004
  • Price$128,000
  • Bedrooms2
  • Bathrooms0.00
  • Full Baths1
  • Acres0.13
  • Year Built1975
  • TypeMulti-Family
  • Sub-TypeFull Duplex
  • StatusActive

Amenities

  • UtilitiesMUD Sewer, MUD Water
  • Parking Spaces2
  • GaragesRear, Shared Carport

Exterior

  • RoofComposition
  • ConstructionWood
  • FoundationSlab

Listing Details

  • Listing AgentJohn Hill
  • Listing OfficeBarnett & Hill

Community Information

  • Address1031 S 14th Street
  • AreaABILENE SOUTHEAST (304)
  • SubdivisionLedbetter Horton & Hall
  • CityAbilene
  • CountyTaylor
  • StateTX
  • Zip Code79602-3836

Interior

  • Interior FeaturesOther
  • AppliancesDrop-In Range/Oven-Elec, Refrigerator
  • HeatingWindow Unit, Space Heater
  • # of Stories1
  • Stories1

School Information

  • DistrictAbilene ISD
  • ElementaryBowie
  • MiddleMadison
  • HighCooper
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Listing information last updated on May 27th, 2020 at 8:15am CDT.