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Phillip Veale

[email protected] +1956678626

Listed by eXp Realty LLC

$ 370,000

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Active

3115 E Diamondhead AVE Mission, TX 78573

3,640 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,640 sqft

Subdivision El Milagro Estates

MLS Listing ID 479768

HOA Y/N No

Year Built 2007

Annual Tax Amount $7,026

Tax Year 2024

Lot Size 9,557 Sqft

Acres 0.2194

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

Solid investment w/proven income potential & room for growth located in a highly desirable area walking distance from Jensen Elementary. 4 - 2 bed 2 bath units ideal to add to an investment portfolio or perfect a first-time investment. 100% occupied, solid long-term tenants who have been in place for 5-8 yrs. Potential Rent increases to $950-$975 per mo. totaling $3,600 - $3,850 per mo. $42,000+ invested in the property. Improvements include: repaired roof 2023, new paint & repairs for the entire 4-plex 23' & new exterior paint 24'. The AC exterior units have been cleaned 23', and the dryer exhaust roof vents have been cleaned. New exterior lights & cameras, adding value for tenants. New thermostats in Apt B & D, new washers & dryers Apt B & D & fully rehabbed Apt D. Situated on a street lined w/other 4-plexes, as new as 2015, indicating strong demand & profitability.

Location

State TX

County Hidalgo

Community Curbs, Sidewalks

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s), Other

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Appliance Electric Water Heater, Dryer, Other, Stove/Range, Washer

Laundry Laundry Room

Exterior

Exterior Feature Mature Trees

Carport Spaces 8

Fence Privacy, Wood

Community Features Curbs, Sidewalks

View Y/N No

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Lot Description Curb & Gutters, Irregular Lot, Mature Trees, Professional Landscaping, Sidewalks

Faces https://maps.app.goo.gl/QVPEhjNRzS1oSvABA

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Jensen

Middle Schools Sharyland North Junior

High Schools Sharyland Pioneer H.S.

Others

Tax ID E443500000002400

Security Features Smoke Detector(s)

Phillip Veale

+1956678626

Phillip Veale

3115 E Diamondhead AVE Mission, TX 78573

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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3115 E Diamondhead AVE