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34408831
34408830

3725 Patty Lynne, Abilene, TX 79606 For Sale

BS
TX 0581442
Remax Big Country
Listed by Remax Big Country
$830,000
2 days on market
Updated 2 days ago

3725 Patty Lynne Street

Details
APN 60319
Property Type Retail, Multifamily
Sub Type Commercial
Square Footage 4,096
Units 4
Occupancy 75%
Price per SqFt $203
Year Built 1984
Buildings 1
Stories 2
Acreage 0.300
Parking Spaces 101 per key

Retail | 4,096 SqFt

Marketing description

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.

Investment highlights

  • $/Lot SF$63.51

Listing Contacts

BS
TX 0581442
Remax Big Country
Listed by Remax Big Country

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Additional Information

Name
Brandi Smith-Perkins
License
0581442
Brokerage
RE/MAX Big Country
Brokerage Phone
325-721-8551
Title
Broker/Owner
Brokerage Address
4601 Antilley Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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