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.
22 days
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377
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15
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Zillow last checked:
Listing updated:
Listed by:
Brandi Smith0581442325-721-8551,
RE/MAX Big Country325-750-6188,
Whitney Allumbaugh0727807,
RE/MAX Big Country
Source: NTREIS,MLS#: 21324651
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Full bathrooms: 4
1/2 bathrooms: 4
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s)
Appliances
Included: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Features
Eat-in Kitchen, Cable TV
Flooring: Carpet, Luxury Vinyl Plank, Tile
Windows: Window Coverings
Has basement: No
Number of fireplaces: 4
Fireplace features: Electric, Living Room, Wood Burning
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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