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Abilene, TX 79606
  • 8 Beds
  • 8 Baths
  • 4,096 sqft
  • 4 Garage
$830,000

About this home

NEW ROOF! Welcome to 3725-3737 Patty Lynne, a well-maintained four-unit townhome-style multifamily property in South Abilene offering a combination of current income, recent updates, and future potential. Built in 1984, this investment property features four two-story units, each offering approximately 1,024 square feet with 2 bedrooms, 1.5 bathrooms, private entrances, and an attached one-car garage. Three of the four units have been updated between 2022 and 2023 with modern finishes, while one unit offers an opportunity for future improvements. Two units have successfully operated as furnished rentals, providing flexibility for a variety of rental strategies. Spacious floor plans include comfortable living areas, functional kitchens, dedicated laundry areas, and electric fireplaces in the remodeled units. The property is currently 75% occupied, with one remodeled, fully furnished unit available for immediate lease-up or owner-selected tenancy. Current gross scheduled rental income is based on the existing rent schedule, with additional potential through future management of the below-market unit. Conveniently located near shopping, dining, schools, and major employers, this multifamily property offers investors the opportunity to acquire a townhome-style asset in an established South Abilene neighborhood. Rent roll, operating information, and additional property details are available upon request.

Overview

Full Baths
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Half Baths
4
Bathrooms
8
Bedrooms
8
Building Area
4096
Levels
Two
Living Area
4096
Lot Size (Acres)
0.3
Property Subtype
Quadruplex
Property Type
Residential Income
Status
Active
Year Built
1984

Interior

Appliances
Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Cooling
Central Air, Ceiling Fan(s)
Fireplace Features
Electric, Living Room, Wood Burning
Fireplaces
4
Flooring
Carpet, Luxury Vinyl Plank, Tile
Heating
Central, Electric
Interior Features
Eat-in Kitchen, Cable TV

Exterior & Construction

Construction
Board & Batten Siding, Brick
Foundation
Slab
Lot Features
Interior Lot, No Backyard Grass, Few Trees
Roof
Composition

Parking

Covered Parking
0
Garage Spaces
4

Location & Area

City
Abilene
County
Taylor
School District
Abilene ISD
ZIP Code
79606
State
TX
Subdivision
Ridgemont Heights Replat

Financial

Price
830000

Utilities

Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Available, Water Available, Cable Available

Listing Details

Listing Agent
Brandi Smith
Listing Office
RE/MAX Big Country
MLS #
21324651
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21324651

Listing agents

Listing AgentBrandi SmithRE/MAX Big Country
Co-Listing AgentWhitney Allumbaugh

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