$525,000
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10 Beds
8 Baths
10,541 Sqft Lot
SOLD DATE : 12/11/2023
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Montecito Sub
MLS Listing ID 20413686
Sold Date 12/11/23
Bedrooms 10
Full Baths 8
HOA Fees $50/ann
HOA Y/N Mandatory
Total Fin. Sqft 4290
Year Built 2020
Annual Tax Amount $11,360
Lot Size 10,541 Sqft
Acres 0.242
Property Description
100% FULLY LEASED. ABOVE 54100$ GROSS INCOME. CORNER LARGE LOT. MONTHLY RENT 4515$. 1 LEASE Coming up for. Renewal. GATED Community. Roof STUCCO. POSITIVE CASH FLOW and LOW Maintenance. PRIME LOCATION. ALL STAINLESS STEEL Kitchen Appliances. FRIDGE, WASHER, DRYER Included in all 4 units. PROFESSIONAL PROPERTY MANAGEMENT IN PLACE. Kitchens have modern custom cabinets with granite countertops. Spacious bedrooms with large closets. 8 Carport Spaces Included. Tenants pay for electricity, internet, cable, etc. The owner pays for trash and home meter water electricity and landscape. All units have their own private fenced backyard. Great Investment Opportunity and Immediate Cash Flow as all units are leased! There are 5 electrical meters and 5 water meters on the property. Pictures were taken from another lot with a similar floor plan.
Location
State TX
County Hidalgo
Direction On 69C Take Exit Monte Cristo Rd. Turn Right and drive for half a mile. Montecito will be on the right.
Interior
Interior Features Cable TV Available, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan
Heating Central, Electric
Cooling Attic Fan, Ceiling Fan(s), Central Air, Electric
Flooring Ceramic Tile
Appliance Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Heat Source Central, Electric
Exterior
Carport Spaces 8
Utilities Available All Weather Road, City Sewer, City Water, Concrete
Roof Type Composition
Parking Type Attached Carport, Concrete
Total Parking Spaces 8
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Stucco,Wood
Schools
Elementary Schools Edinburg
Middle Schools Edinburg
High Schools Edinburg
School District Edinburg Consolidated
Others
Ownership Sathish Thandale
Financing Conventional
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Bought with Adewale Lawal • LPT Realty LLC
13276 Research Blvd, Suite # 107, Austin, Texas, 78750, United States