1031 S 14th ST, Abilene, TX$128,000
Mark Wallar
Phone: (972) 333-4027
Fax: (972) 479-9477
Cell: (972) 333-4027
mark.wallar@gmail.com

Listing Provided By:
John Hill  of  Barnett Hill
MLS#:14276004
Year:1975
SQ Feet:1,568
Golf Course:No
Status:Active
Building(s):1
Units:2
Property View:No
Water Front:No

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.


Updated: 04/08/2020
  All information provided by seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage. Buyers are encouraged to have property inspected by inspector of their choice. Price subject to change.

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.