$360,000
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3,720 SqFt
SOLD DATE : 10/31/2023
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,720 sqft
Subdivision Paradise Estates
MLS Listing ID 412675
Sold Date 10/31/23
HOA Fees $37/ann
HOA Y/N Yes
Originating Board Greater McAllen
Year Built 2004
Annual Tax Amount $6,414
Tax Year 2022
Lot Size 10,509 Sqft
Acres 0.2413
Property Description
Welcome to an exceptional investment opportunity in the heart of a rapidly growing location! This well-maintained fourplex is strategically situated in a peaceful neighborhood adjacent to the prestigious University of Rio Grande Valley, ensuring a consistent pool of potential tenants. All units are currently occupied and submetered, providing individual utility accountability and maximizing returns.
Positioned for convenience, this property is close to major thoroughfares, making commuting a breeze for residents and students alike. Recent upgrades, including a newly redone roof, showcase the commitment to the property's long-term value and tenant satisfaction.
With its prime location, full occupancy, and recent updates, this fourplex offers an impressive opportunity to start profiting within the first year of ownership.
Location
State TX
County Hidalgo
Community Sidewalks
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s), Dryer, Walk-In Closet(s), Washer
Heating Central
Cooling Central Air
Flooring Tile
Appliance Electric Water Heater, Water Heater (Other), Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
Laundry Laundry Closet
Exterior
Exterior Feature Mature Trees
Carport Spaces 8
Fence Wood
Community Features Sidewalks
Utilities Available Cable Available
View Y/N No
Roof Type Shingle
Total Parking Spaces 8
Garage No
Building
Lot Description Mature Trees
Faces From University Dr and Jackson Rd, head north. Turn left on Mile 17 1/2 N Rd. Turn left on Bahamas; the Property will be on the left side.
Story 1
Foundation Slab
Sewer City Sewer
Structure Type Brick
New Construction No
Schools
Elementary Schools De La Vina
Middle Schools B.L. Garza
High Schools Edinburg North H.S.
Others
Tax ID P323500000002000
Security Features Smoke Detector(s)
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