About This Home
This 6-bedroom, 0-bathroom residential multi family at 1000 SW 11th Avenue in Amarillo, TX is listed for $410,000 ($97 per sqft). Built in 1941, the home offers 4,240 sqft of living space on a N/A lot.
Key Features
- Built in 1941
Property Details
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!
Monthly Cost Estimate
$2,193/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1000 SW 11th Avenue
Amarillo, TX 79101
Questions & Answers
This 6-bedroom, 0-bathroom residential multi family at 1000 SW 11th Avenue is listed at $410,000 ($97/sqft). The estimated monthly payment is $2,193 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1941.
This property is listed by Anastasia Blanda and can be reached at (806) 359-4000.