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$3,350,000   Price Analysis
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601 S Nelson St
Amarillo, TX 79104
Unknown bed 0 bath unknown SqFt ($0/SqFt)
Built 1977
Listed 2024-05-03, Taxes $14,290
Ⓧ USDA Ineligible
due to price & location

near Amarillo

All but one of the units have been updated with cabinets

Countertops, flooring, fixturs, paint, toilets and new blinds. There was a new roof installed in 2022, other major capital improvements include, HVAC replacement, windows, appliances a nd 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.


Presented by Kirk Chudej at
Fimc Commercial Realty.


Property MLS #24-3733 from Amarillo

Price/Squarefeet: 0.00
Source Listing Status: Active
County: Potter
Directions: From SE10th head north on Nelson property is on the right.
Disclaimer: No
Source Property Type: Multi-Family
Area: 0301 - Fairgrounds
Source Neighborhood: 0301 - Fairgrounds
Zoning: 0300 - NE Amarillo in Cit
Property Subtype: Apt Bldg (7+ Units)
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$592,049 + $10,725
$602,774
$14,290
2021$592,049 + $10,725
$602,774
$15,437
2020$562,626 + $10,725
$573,351
$14,221
2019$562,626 + $10,725
$573,351
$14,310
2018$562,626 + $10,725
$573,351
$14,385
2017$486,436 + $10,725
$497,161
$12,126
2016$486,436 + $10,725
$497,161
$12,032
2015$354,647 + $10,725
$365,372
$8,838
2014$254,499 + $10,725
$265,224
$6,321
2013$322,722 + $10,725
$333,447
$7,906
2012$unknown + $unknown
$333,447
$7,754
2011$unknown + $unknown
$311,179
$7,225
2010$unknown + $unknown
$311,179
$7,088
2009$unknown + $unknown
$311,608
$7,071
2008$unknown + $unknown
$311,608
$7,072
2007$unknown + $unknown
$305,687
$6,795

Listed 2024-05-03
$3,350,000
Amarillo
Sold 2013-05-17
$0
Public Record

Year Built: 1977
Property Age: 47

Bowie Middle School is a public middle school located approximately 0.4 miles away.
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Bowie 6th Grade Campus is a public elementary and middle school located approximately 0.5 miles away.
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Caprock High School is a public high school located approximately 1.7 miles away.
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Christian Heritage Academy is a private elementary, middle and high school located approximately 0.2 miles away.
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living_room

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.