About 3725 Patty Lynne Street
NEW ROOF! 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.
Features of 3725 Patty Lynne Street
| MLS® # | 21324651 |
|---|---|
| Price | $830,000 |
| Bedrooms | 8 |
| Bathrooms | 4.40 |
| Full Baths | 4 |
| Half Baths | 4 |
| Square Footage | 4,096 |
| Acres | 0.30 |
| Year Built | 1984 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 3725 Patty Lynne Street |
|---|---|
| Subdivision | Ridgemont Heights Replat |
| City | Abilene |
| County | Taylor |
| State | TX |
| Zip Code | 79606 |
Amenities
| Utilities | All Weather Road, Cable Available, City Sewer, City Water, Community Mailbox, Curbs, Electricity Connected, Sidewalk |
|---|---|
| Features | Curbs, Sidewalks |
| Parking Spaces | 8 |
| # of Garages | 4 |
| Garages | Additional Parking, Driveway, Garage, Garage Door Opener, Garage Faces Rear, 2-Car Single Doors, On Site |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Cable TV Available, Eat-in Kitchen |
|---|---|
| Heating | Central, Electric |
| Fireplace | Yes |
| # of Fireplaces | 4 |
| Fireplaces | Electric, Living Room, Wood Burning |
Exterior
| Lot Features | Few Trees, Interior Lot, No Backyard Grass |
|---|---|
| Roof | Composition |
| Construction | Board & Batten Siding, Brick |
| Foundation | Slab |
School Information
| District | Abilene ISD |
|---|---|
| Elementary | Bowie |
| Middle | Madison |
| High | Cooper |
Additional Information
| Community Features | Curbs, Sidewalks |
|---|---|
| # of Fireplaces | 4 |
| Flooring | Carpet, Luxury Vinyl Plank, Tile |
| $/LivSqFt | $203 |
| Net Income | $47,406 |
| Building Sqft | 4,096 |
| # Units | 4 |
Listing Details
| Agent | Brandi Smith |
|---|---|
| Office | RE/MAX Big Country |
| Contact Info | 325-721-8551 |