About 217 S Mockingbird Lane
INVESTOR'S SPECIAL - Looking for an affordable rental to be part of the Abilene AI rental boom? Well, here it is. This 1960 sf, 6-bedroom (liberal use of 'bedroom' given some spaces lack closets- do not lecture me on this) 1-bath house could be your entry point to that market. Two years ago, this property was leased to at $1400 per month with a portion paid by the Abilene Housing Authority. Back yard with partial fencing. High visibility will help market the property when you add your FOR RENT sign out front. Somethings to keep in mind: this property is zoned GC - General Commercial; as a result, you're not going to be able to get FHA or VA financing on this property. It's a in the floodway so a lender will require flood insurance. Seller won't do one single thing regarding repairs, won't allow you to assign your contract (because she has no time for wholesalers), nor will she pay for your title insurance - just bring an offer that makes it work for you.
