$138,000
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2,000 SqFt
SOLD DATE : 10/17/2016
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Subdivision Valley View
MLS Listing ID 194740
Sold Date 10/17/16
HOA Y/N No
Year Built 1978
Annual Tax Amount $2,890
Tax Year 2016
Lot Size 7,771 Sqft
Acres 0.1784
Property Sub-Type Multi Family
Source Greater McAllen
Property Description
Two of the Three apartments which have been upgraded. All apartments have had their bathrooms upgraded in 2015. Each apartment has private enclosed backyard. There are washer and dryer hookups. All apartments have a potential for increased rent. Great location near schools and universities. Currently have good tenants. Also, property has good grassy area to relax and enjoy the weather. The apartments are a great starter investment and good introduction to landlord/tenant business. Rental income would cover costs associated with mortgage/taxes/other misc expenses, leaving a profit of approx. $5000 a year. Owner financing is available with 20% down.
Location
State TX
County Hidalgo
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s)
Heating Central, Zoned
Cooling Central Air, Zoned
Flooring Tile
Appliance 2+ Water Heater, Refrigerator, Stove/Range
Laundry Washer/Dryer Connection
Exterior
Exterior Feature None
Garage Spaces 4.0
Fence Partial
Community Features None
View Y/N No
Total Parking Spaces 4
Garage Yes
Building
Lot Description Curb & Gutters, Sidewalks
Faces From Sugar Road Heading North from Trenton, head west on W Sprague Street. Then head north on S 2nd Avenue. Go West or take a left on W Champion Street.
Story 1
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick,Wood Siding
New Construction No
Schools
Elementary Schools De La Vina
Middle Schools Garza
High Schools Edinburg H.S.
Others
Tax ID V160000000000300
Security Features Smoke Detector(s)
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