1502 Diamond AVE new

Penitas,TX 78576

$ 799000

- Bed

- Bath

10164 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,164 sqft

Price per Sqft $78

Subdivision Anadal

MLS Listing ID 457211

HOA Y/N No

Originating Board Greater McAllen

Year Built 2003

Annual Tax Amount $19,693

Tax Year 2023

Lot Size 1.005 Acres

Acres 1.0049

Property Description

Attention All Investors!

Don't miss this incredible investment opportunity! Just north of U.S. 83 (I-2), is a well maintained 8-plex in the thriving area of Penitas, TX, with a proven rental history and steady income generation. This property features seven spacious 2-bedroom units and one 3-bedroom unit, which are all currently occupied (leased), ensuring immediate cash flow.

Conveniently located near major roadways, shopping centers, and dining options, this 8-plex offers both a prime location and exceptional value. Whether you're looking to expand your portfolio or make a solid investment, this property is the perfect choice.

Take advantage of this fantastic opportunity before it's gone. Call for more information today!

Location

State TX

County Hidalgo

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s)

Heating Central,Electric

Cooling Central Air,Electric

Flooring Tile

Appliance Electric Water Heater,Refrigerator,Stove/Range

Laundry Laundry Area

Exterior

Exterior Feature None

Carport Spaces 4

Fence Chain Link

Community Features None

View Y/N No

Roof Type Shingle

Total Parking Spaces 4

Garage No

Building

Faces From Expressway 83 travel north on Tom Gill Rd to Diamond Ave, then turn left onto Diamond Ave.

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Jfk

Middle Schools Chavez

High Schools La Joya H.S.

Others

Tax ID A493002000009A00

Security Features Smoke Detector(s)

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