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1000 Lake St

Amarillo, TX 79107
  • $725,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: 21-6664
$725,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,008
    SQFT
  • $719
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Description

9 Tax ID's 9 Duplexes for a total of 18 doors. plus a storage shed. All 1 bed 1 bath per side duplexes. Currently 1 vacancy. Lots of updates throughout the properties, All properties have separate meters for Electric and gas, Water meters are mastered for each property. Professional management in place. Rents are slightly below market value, Currently listed at 10% Cap rate +/-

Monthly Payment Calculator

© 2021 Amarillo Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Meraki Real Estate Group - Keller Williams. Data last updated: 2021-11-30T23:54:26.977.
www.choosemeraki.com/homes/122372376
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1000 Lake St Amarillo, TX 79107

  • Price: $725,000
  • Status: Active
  • On Site: 47 Days
  • ID#: 21-6664
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,008
SQFT
$719
$/SQFT
1949
Built
Neighborhood:
0310 - Stockyards
County:
Potter
Area:
0310 - Stockyards
Property Description
9 Tax ID's 9 Duplexes for a total of 18 doors. plus a storage shed. All 1 bed 1 bath per side duplexes. Currently 1 vacancy. Lots of updates throughout the properties, All properties have separate meters for Electric and gas, Water meters are mastered for each property. Professional management in place. Rents are slightly below market value, Currently listed at 10% Cap rate +/-
Exterior Features

Construction Frame Roof Composition

Interior Features

Appliances CooktopRefrigerator Cooling Window Refrig Heating Wall

Property Features

Flood Insurance Status Unkown Gross Income 123600 Net Operating Income 73583 Square Foot Source Appraisal District Vacancy 2% Zone 0300 - Ne Amarillo in City Limits

Listing information © 2021 Amarillo Association of Realtors Multiple Listing Service.
Listing provided courtesy of Jarec Pace of Pace Realty Group.

© 2021 Amarillo Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Meraki Real Estate Group - Keller Williams. Data last updated: 2021-11-30T23:54:26.977.
 
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Meraki Real Estate Group - Keller Williams
3955 S Soncy
Amarillo TX, 79119