Michelle Lim

REMAX Premier
License number: 0630492
phone: (972) 696-9546
 mobile: (214) 205-1338
 fax: (972) 403-2015
 www.mlzip.com
2100 Dallas Parkway Suite102
 Plano, TX 75093
$350,000
117 Victoria Street, Abilene, Texas 79603, USA
MLS#
21325505
Property Type
Residential For Sale, Multi-Family, Multi Family
Land size
0.3 sqft (0.03 m2)
Building Size
1,408 sqft (130.8 m2)
Status
Bedrooms
7
Baths
3
Half baths
2
Sale price per sqm
0 $
Virtual Tour
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.
Property Details
1944 Year Built:
Building or Complex name: Cross Road Motors Location:
Siding Construction:
Siding Exterior Description:
Resale Condition:
Refrigerator, Microwave, Oven-Electric Appliances:
Covered Patio, Garage Property Features:
Covered Patio Outdoor Space Description:
Vaulted Ceilings Interior Description:
Laminate, Carpet Floors:
City Water, City sewer Utilities:
Electric Heating System:
Wall or Window Units, Wall Unit Cooling System:
Cable Available, Broadband internet access Telecommunication:
Sidewalks Lot Description:
On Slab Basement and Foundation:
Shingle Roofing:
Wood Fencing:
Parking / Garage
4 Number of parking spaces:
2 Garage Spaces:
Garage Dimensions: 25 x 25 Garage Dimensions:
Lot Land Information
Less Than 0.5 Acre Lot size:
School Information
5 School District:
Eugene Purcell Elementary School:
Abilene High School:
Craig Middle School:

Listing by: McCullar Properties Group LLC
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