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    1000 Lake St

    Amarillo, TX 79107
    • $725,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 21-1830
    UPDATED: 62 min ago
    $725,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,008
      SQFT
    • $719
      $/SQFT
    Neighborhood:
    0310 - Stockyards
    Type:
    Multi-Family
    Built:
    1949
    County:
    Potter
    Area:
    0310 - Stockyards

    School Ratings & Info

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    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 +/-

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    © 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 RE/MAX Town and Country. Data last updated: 2021-04-14T12:55:15.703.
    www.remaxtcr.com/homes/115704054
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    1000 Lake St Amarillo, TX 79107

    • Price: $725,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 21-1830
    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 Keller Williams Realty Amarillo.

    © 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 RE/MAX Town and Country. Data last updated: 2021-04-14T12:55:15.703.
     
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    6620 Lowes Ln. #200
    Amarillo TX, 79106