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Mercedes,TX 78570
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,880 sqft
Price per Sqft $93
Subdivision East Mercedes
MLS Listing ID 427704
HOA Y/N No
Originating Board Greater McAllen
Year Built 1989
Annual Tax Amount $17,721
Tax Year 2021
Lot Size 1.056 Acres
Acres 1.056
Property Description
It's a great time to add a Multifamily, 16-unit with onsite laundry facilities, income-generating, property to your portfolio!
The five buildings sit on 1 acre (+/-) plenty of parking spaces in the middle of downtown Mercedes. All apartments are 2 bedrooms 1 bath units. Roof shingles were replaced in 2019, and 15 apartments have tile flooring. Appliances are replaced as needed. Great Rental History. The property is conveniently close to schools, and a science academy, and minutes from the Mercedes Outlet Mall.
Washers and Dryers are owned outright and are conveyed with the sale, along with the gas water heater.
Location
State TX
County Hidalgo
Community Curbs,Sidewalks,Street Lights
Rooms
Other Rooms Laundry Facility
Interior
Interior Features Ceiling Fan(s)
Heating Central,Electric
Cooling Central Air,Electric
Flooring Porcelain Tile
Appliance Electric Water Heater,Gas Water Heater,Refrigerator,Stove/Range-Electric Coil
Laundry Laundry Room
Exterior
Exterior Feature Balcony,Mature Trees
Fence Landscaped,None
Community Features Curbs,Sidewalks,Street Lights
Waterfront No
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Corner Lot,Curb & Gutters,Mature Trees,Sidewalks
Faces Follow I-2/US-83 E to W Expy 83/Frontage Rd/U.S. 83 Frontage Rd S in Mercedes, Take exit 163B toward FM 491/Texas Ave, Turn right onto N Texas Ave, Turn left onto W 10th St, Continue onto Tenth St, Destination will be on the left.
Story 2
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick,Siding,Wood Siding
New Construction No
Schools
Elementary Schools Jfk
Middle Schools Harwell
High Schools Mercedes H.S.
Others
Tax ID E070000001000100
Security Features Smoke Detector(s)