Description
Investor opportunity in the heart of Amarillo. 1224 SW 11th Ave is a well-maintained fourplex offering immediate cash flow with all four units currently leased. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, creating strong rental appeal and flexibility for a variety of tenants. A new roof was installed in 2018, and the property has been kept in solid overall condition. With mostly cosmetic improvements needed, this is a prime value-add opportunity for investors looking to increase equity and rental potential without taking on major renovations. Conveniently located just minutes from downtown Amarillo, this income-producing property sits in a high-demand rental area with long-term upside.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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3,752SQFT
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$81$/SQFT
School Ratings & Info
Description
Investor opportunity in the heart of Amarillo. 1224 SW 11th Ave is a well-maintained fourplex offering immediate cash flow with all four units currently leased. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, creating strong rental appeal and flexibility for a variety of tenants. A new roof was installed in 2018, and the property has been kept in solid overall condition. With mostly cosmetic improvements needed, this is a prime value-add opportunity for investors looking to increase equity and rental potential without taking on major renovations. Conveniently located just minutes from downtown Amarillo, this income-producing property sits in a high-demand rental area with long-term upside.