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1001 Clarence St Edinburg, TX 78539

For Sale
$559,000

Brand New Fourplex, High Occupancy

Property size:
4,216 SF

Description

Added:
Dec 11, 2024
Days on Market:
365
This exceptional 2023-built fourplex at 1001 Clarence Street, Edinburg, TX 78539, presents a lucrative investment opportunity. Boasting a substantial 4,216 square feet across two buildings situated on an 8,799 square foot lot, this property offers four spacious units. Currently, three units are leased, providing immediate cash flow, while one unit is available for short-term rentals, such as Airbnb, maximizing rental income potential. Its prime location offers easy access to the University of Texas Rio Grande Valley (UTRGV), ensuring high demand and consistent occupancy. The property's size is noteworthy, making it one of the largest fourplexes in the area. This turnkey investment is ready for immediate income generation and offers a strong return on investment. The property is easily shown, facilitating a swift and efficient transaction. This is a rare opportunity to acquire a newly constructed, high-demand multifamily property in a thriving Texas market. The property's modern construction and desirable location combine to create a compelling investment proposition for discerning buyers. Don't miss this chance to secure a profitable and low-maintenance income-generating asset.

Property Features for 1001 Clarence St

General Information

Property type
Multifamily properties
Square Feet
4,216 SF

Building Details

Year Built
2023
Buildings
2
Units
4

Property Profile Location Intelligence

Current Use by Public Records

Small apartment buildings

Map

City
Edinburg
County
Hidalgo
State
Texas
Longitude
-98.1884949
Latitude
26.268255

FAQs

What type of property is this?
Multifamily property - Brand New Fourplex, High Occupancy
Where is this multifamily property located?
The property is located at 1001 Clarence St Edinburg, TX.
What is the asking price?
The asking price for this property is $559,000.
More about this property
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