Amarillo TX Multi Family for Sale
$2,995,000
601 S Nelson Street Amarillo, TX 79104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1977
- Baths:
- MLS#:
- 24-9425
ADDITIONAL INFORMATION
All but one of the units have been updated with cabinets, countertops, flooring, fixtures, paint, toilets and new blinds. There was a new roof installed in 2022, other major capital improvements include, HVAC replacement, windows, appliances and plumbing. Totaling more than $743,000 since 2022 in capital improvements. The new owner can implement RUBS on gas, water, trash and sewer to increase the NOI.
$120,000
1408 Ricks Street Amarillo, TX 79104
- Type:
- Multi-Family
- Sq.Ft.:
- 1,320
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1951
- Baths:
- MLS#:
- 24-7803
ADDITIONAL INFORMATION
CALLING ALL INVESTOR AGENTS!! This duplex is looking for a new owner! With INVESTMENT IN MIND this one is a great opportunity to build your portfolio with two new units! Separately metered making an easily transitioned utility account for you future residents! Both units occupied bringing in $795 per month each! Set up your showing today! Please note we are required to give a minimum of 24 hour notice to the residents in order to set up the showing.
Amarillo Real Estate
The median home value in Amarillo, TX is $188,500. This is higher than the county median home value of $127,900. The national median home value is $338,100. The average price of homes sold in Amarillo, TX is $188,500. Approximately 52.79% of Amarillo homes are owned, compared to 37.09% rented, while 10.12% are vacant. Amarillo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Amarillo real estate agent to arrange a tour today!
Amarillo, Texas 79104 has a population of 200,371. Amarillo 79104 is more family-centric than the surrounding county with 33.96% of the households containing married families with children. The county average for households married with children is 31.76%.
The median household income in Amarillo, Texas 79104 is $55,174. The median household income for the surrounding county is $45,096 compared to the national median of $69,021. The median age of people living in Amarillo 79104 is 34.1 years.
Amarillo Weather
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 20.5 inches per year, with 15.1 inches of snow per year.