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3725 Patty Lynne St, Abilene, TX, 79606

8beds
8baths
4,096sqft
$830,000
$203price/sqft
$6,212/moest. monthly cost
$248,480/yrincome needed

About This Home

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.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

6/10
Ward Elementary SchoolGrades K-50.3 mi
3/10
Clack Middle SchoolGrades 6-82.7 mi
5/10
Cooper High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Board & Batten Siding,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8
  • Full bathrooms: 4
  • 1/2 bathrooms: 4

Features

  • Eat-in Kitchen,Cable TV
  • Window features: Window Coverings
  • Flooring: Carpet,Luxury Vinyl Plank,Tile
  • Number of fireplaces: 4
  • Fireplace features: Electric,Living Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 4,096
  • Total interior livable area: 4,096 sqft

Property

Details

  • Parcel number: 60319
  • Exclusions: Personal property and appliances for 3725 and 3737 Units. Personal belongings in the two furnished units.

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Front Porch,Side Porch
  • Fencing: None

Lot

  • Lot size: 0.30 Acres
  • Features: Interior Lot,No Backyard Grass,Few Trees

Parking

  • Total spaces: 8
  • Parking features: Additional Parking,Door-Single,Driveway,Garage,Garage Door Opener,On Site,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4