BEDS7
BATHS3 full
MLS#21286246
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLakeside Add
SCHOOLAbilene ISD
Property Description
TRIPLEX FOR SALE - Unique income-producing property featuring a 3-bedroom, 1-bath single-family home fronting Merchant St and a rear duplex with two 2-bedroom, 1-bath units accessible via the alley. Located in an up-and-coming area experiencing significant revitalization, with numerous neighboring properties undergoing renovation and improvement.This property offers multiple investment strategies, including owner-occupancy in the front home while generating rental income from the duplex, or leasing all three units for maximum cash flow. All units are currently occupied and leased on a month-to-month basis, providing flexibility for future plans.The property includes 1018, 1020, and 1022 Merchant St. Please do not disturb tenants. Showings are available by appointment only.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Heating: Central, Electric
Lot Size: 0.22 Acres
Roof Type: Composition
Year Built: 1946
Amenities
Cable TV Available
Other
Feature Descriptions
Appliances: Other
Days on Site: 59
Exterior: Frame, Siding
Fencing: Wood
Flooring: Other
Lot: Interior Lot
Parcel#: 39954
Parking: Driveway
Parking Notes: Driveway
Units: 3
Utilities: Alley, City Sewer, City Water, Electricity Connected
Local Schools
Elementary School: Martinez
School District: Abilene ISD
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Apex, REALTORS
Agency Contact: 325-725-6641
Agent Name: Chad Chaney
Shown By
Agent Name: Danny Webb
Agent Phone: (254) 744-6979
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 629.31 per month $556.39 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.92 Homeowner's Insurance
1018 Merchant Street | MLS# 21286246
This multi-family property located at 1018 Merchant Street, Abilene, TX 79603 is currently listed for sale with an asking price of $250,000. Merchant Street is located within the Abilene ISD school district. Search Abilene real estate on dannywebb.kellyrealtors.com today.