814 N 27TH ST. Active

Harlingen,TX 78550

$ 1250000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Apartment (10+)

Listing Status Active

Purchase Type For Sale

Subdivision Los Amigos

MLS Listing ID 29767195

Year Built 2000

Lot Size 0.255 Acres

Property Sub-Type Apartment (10+)

Property Description

Well-maintained and exceptionally clean apartment units inside and out. These fully occupied, income-producing properties are turn-key and ready to start generating returns—currently bringing in nearly $130,000 in gross scheduled income annually. 16 2 bedroom 1 bath units + Laundry Room.The current owner has held the property for over 15 years and has consistently kept it in excellent condition, with no deferred maintenance. An experienced onsite manager—in place for over 10 years—handles rent collection and ensures the property runs smoothly. Bonus: The middle lot is included in the sale and offers the potential to build up to 8 additional units (buyer to verify with the city).

Location

State TX

County Cameron

Area Harlingen

Interior

Interior Features Smoke Alarm(s)

Heating Central

Flooring Tile

Exterior

Exterior Feature Slab

Parking Features 4+ Car

Fence Wood

Community Features None

Building

Story Two

Foundation Slab

Sewer Public Sewer

Schools

Elementary Schools Bonham

Middle Schools Vernon

High Schools Harlingen

School District Harlingen C.I.S.D.

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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