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!
| Listing Number | 26-5908 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 80 |
| Listing Provided By | Keller Williams Realty Amarillo | Anastasia Blanda |
| SQ Feet | 4,240 |
|---|---|
| Units | 4 |
| Zoning | 0100 - NW Amarillo in City Limit |
| State | TX |
|---|---|
| County | Potter |
| City | Amarillo |
| Zip Code | 79101 |
| Area | Bivins |
| Subarea | Bivins |
| Listing VS Median (in 79101) | |
Price: $410,000 low | high Med: $177,500 sqft: 4,240 low | high Med: 3,926 $ / sqft: $97 low | high Med: $60 On site: 80 low | high Med: 196.5 | |
| State | TX |
|---|---|
| County | Potter |
| City | Amarillo |
| Zip Code | 79101 |
| Area | Bivins |
| Subarea | Bivins |
| Listing VS Median (in 79101) | |
Price: $410,000 low | high Med: $177,500 sqft: 4,240 low | high Med: 3,926 $ / sqft: $97 low | high Med: $60 On site: 80 low | high Med: 196.5 | |