About This Home
This 7-bedroom, 5-bathroom residential multi family at 117 Victoria Street in Abilene, TX is listed for $350,000. Built in 1944, on a 0.30 acres lot.
Key Features
- Built in 1944
- 0.30 acre lot
- 2 stories
- 4 parking spaces
Property Details
Amenities
multi-tenant investment opportunity with commercial upside, located at the corner of N 1st Street and Victoria Street in Abilene, Texas. Priced at $350,000 and currently generating approximately $3,800 per month in rental income, this three building package offers immediate cash flow with clear value add potential.
The first parcel features direct N 1st Street frontage and was formerly operated as a used car dealership, now vacant and ready for a new owner's vision. The front building offers an ideal footprint for continuing automotive use or repositioning into another commercial or retail concept.
At the rear of this structure is an occupied one-bedroom residential unit, providing stable income while you plan your next move for the commercial space. The second parcel, on the neighboring lot, contains two additional income producing buildings. One is a rented three bedroom, one bath single family home with a backyard, appealing to long term residential tenants.
The other is a converted detached garage that now includes an upstairs one-bedroom apartment and a finished downstairs area currently used by the tenant as a "man cave," creating a unique live work or lifestyle rental configuration. With a mix of residential units and a flexible commercial building on a visible corner location, this package is idea
l for an investor seeking affordable entry into multi tenant ownership, with room to enhance rents, reconfigure the commercial space, or further improve the existing structures.
Monthly Cost Estimate
$1,872/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
117 Victoria Street
Abilene, TX 79603
Ot Abilene
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 5-bathroom residential multi family at 117 Victoria Street is listed at $350,000. The estimated monthly payment is $1,872 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1944, 0.30 acre lot, 2 stories, 4 parking spaces. Interior Features: HighSpeedInternet, CableTv, VaultedCeilings.
This property is listed by Josh Rader and can be reached at (325) 665-4037.


