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Listed by V.I.P. REALTY
$ 395,000
Est. payment | /mo
1,926 SqFt
$ 395,000
Est. payment | /mo
1,926 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,926 sqft
Price per Sqft $205
Subdivision Cowart, O A
MLS Listing ID 29779049
Year Built 1961
Lot Size 0.480 Acres
Property Sub-Type Multi Family
Property Description
Investment opportunity in Harlingen! This 8-unit multifamily property offers an established income stream with significant value-add potential. The property consists of seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Current rents vary across similar units, creating an opportunity for an investor to improve income as units turn over and rents are brought closer to market levels. With eight units already in place and producing income, this property offers an attractive opportunity for an investor looking to expand their multifamily portfolio in Harlingen. Conveniently located near shopping, restaurants, schools, and major thoroughfares.
Location
State TX
County Cameron
Area 1926
Interior
Flooring Tile
Appliance Electric Water Heater, Refrigerator
Exterior
Parking Features 4 or More Car Garage
Garage Spaces 5.0
Garage Yes
Building
Lot Description Corner Lot
Story Two
Foundation Pilings, Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Zavala
Middle Schools Memorial
High Schools Harlingen
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other