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$1,975,000   Price Analysis
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1501 SW 9th Ave
Amarillo, TX 79101
Unknown bed 0 bath unknown SqFt ($0/SqFt)
Built 1963
Listed 2024-05-03, Taxes $9,680
Ⓧ USDA Ineligible
due to price & location

near Amarillo

All of the 33 units have been updated with appliances

Countertop s, flooring, fixtures, paint, toilets and doors. There was a new roof installed in 2021, other major capital improvements include, HVAC replacement, water heaters, electrical and plumbing.

Ttaling more than $645, 000 since 2021 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 #24-3731 from Amarillo

Total Bathrooms: 0

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Potter
Directions: From Adams head west on 9th the property is on the south side.
Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Source Property Type: MultiFamily
Area: 0101 - Bivins
MLS Area Minor: 0101 - Bivins
Source Neighborhood: 0101 - Bivins
Zoning: 0100 - NW Amarillo in Cit
Zoning Description: 0100 - NW Amarillo in City Limits
Property Subtype: Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$395,482 + $12,832
$408,314
$9,680
2021$392,745 + $12,832
$405,577
$10,387
2020$359,561 + $12,832
$372,393
$9,237
2019$359,561 + $12,832
$372,393
$9,294
2018$359,561 + $12,832
$372,393
$9,343
2017$362,405 + $12,832
$375,237
$9,152
2016$362,405 + $12,832
$375,237
$9,081
2015$360,926 + $12,832
$373,758
$9,041
2014$329,229 + $12,832
$342,061
$8,153
2013$326,871 + $12,832
$339,703
$8,054
2012$unknown + $unknown
$339,703
$7,899
2011$unknown + $unknown
$400,486
$9,299
2010$unknown + $unknown
$400,486
$9,123
2009$unknown + $unknown
$272,087
$6,174
2008$unknown + $unknown
$265,357
$6,022
2007$unknown + $unknown
$203,686
$4,527

Price Changed 2024-06-18
$1,975,000
Amarillo
Listed 2024-05-03
$1,995,000
Amarillo
Listing removed 2018-03-08
$995,000
Amarillo
Listed 2017-09-27
$995,000
Amarillo
Sold 2016-08-18
$0
Public Record
Sold 2008-09-30
$0
Public Record

Year Built: 1963
Living Area Source: Appraisal District
Property Age: 61

Bivins Elementary School is a public elementary school located approximately 0.6 miles away.
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Austin Middle School is a public middle school located approximately 1.4 miles away.
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Tascosa High School is a public high school located approximately 1.6 miles away.
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St Marys Cathedral School is a private elementary school located approximately 0.4 miles away.
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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.