1250 Elm St, Abilene, TX 79602

SUPER investment opportunity. Two brick buildings-total 8 units. All 2 bdrm, 1 bath. Each approx 800 plus sq ft. Baths have tub & shower combo. Central HVAC. One bldg - built 1983, other - built 1984. Most units have dishwashers. No washer dryer hook ups. Vinyl flooring in units. Some units have carpet in bedrooms. Total electric. Individual water meters. Long time tenants - one for over 11 years. All leases now month to month. Old Laundromat bldg on premises - approx 1500 sq ft. It is not functional at this time. Will need to be renovated or removed. Rental rates have not been adjusted on most units in a long time. Potential for higher rental rates exists.