Abilene, TX 79605,616 Grand Avenue

$189,900

Est. payment /mo
Est.Price: ?

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616 Grand Avenue Abilene, TX 79605

4 Beds

3 Baths

0.27 Acres Lot

SOLD DATE : 07/28/2025

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision Park Heights Abl

MLS Listing ID 20913173

Bedrooms 4

Full Baths 3

Year Built 1915

Annual Tax Amount $2,530

Lot Size 0.270 Acres

Property Sub-Type Triplex

Property Description

This well maintained triplex offers a fantastic investment opportunity in a prime location near the historic Sayles Blvd. neighborhood. The property features three units, each with current tenants in place. One unit is a 1 bedroom, 1 bath leased through February 2026 another is a 2 bedroom, 1 bath with a lease in place through July and the efficiency unit is leased through June 2025. Currently, the monthly income is $2,050, but there is room for even more based on current rental market value. Even as is, this triplex provides immediate cash flow, making it an ideal addition to any investor's portfolio.The property has recently been updated with a brand new roof installed in 2024 and exterior paint completed in 2021, ensuring minimal maintenance for years to come. All metered separately for electricity. Don't miss out on this opportunity to secure a property with reliable tenants and steady rental income.

Location

State TX

County Taylor

Interior

Heating Central

Cooling Central Air

Flooring Luxury Vinyl Plank

Fireplaces Number 1

Fireplaces Type Living Room, None

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Building

Story Two

Foundation Pillar/Post/Pier

Structure Type Wood

Schools

Elementary Schools Bowie

Middle Schools Madison

High Schools Cooper

School District Abilene Isd

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Gary Bone • KW SYNERGY*
Bought with Mandy Dixon • eXp Realty LLC
agent

Bret Chance

REALTOR®

+1(940) 536-3735

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