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1618 Tampa St Edinburg, TX 78541

For Sale
$386,000

Four-unit apartment building, excellent ROI.

Description

Added:
Dec 11, 2024
Days on Market:
365
This well-maintained fourplex in Edinburg, Texas, presents a compelling investment opportunity. Built in 2004, the property boasts a single building situated on a spacious 10,366.84 square foot lot. The four units are currently fully occupied, each featuring two bedrooms and two full bathrooms, providing comfortable living spaces for tenants. Recent interior and exterior painting enhances the property's appeal. Its location in a desirable Edinburg neighborhood offers easy access to schools, shopping, dining, and major highways, ensuring high tenant demand and occupancy rates. The asking price is $386,000, representing a strong potential return on investment for both seasoned and aspiring real estate investors. This property is ideal for those seeking to expand their portfolio or enter the multifamily market. The property's strong tenant occupancy and convenient location make it a low-risk, high-reward investment opportunity. Don't miss the chance to acquire this well-maintained, income-producing asset in a thriving Texas market.

Property Features for 1618 Tampa St

General Information

Property type
Multifamily properties

Building Details

Year Built
2004
Buildings
1
Units
4

HighLights

  • $386,000 asking price.
  • Four‑unit multifamily apartment building.
  • Located at 1618 Tampa Street, Edinburg, TX 78541.
  • Built in 2004 on a 10,366.84 sq ft lot.
  • Each unit features two bedrooms and two bathrooms.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Small apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Edinburg
County
Hidalgo
State
Texas
Longitude
-98.1896265
Latitude
26.3223493

FAQs

What type of property is this?
Multifamily property - Four-unit apartment building, excellent ROI.
Where is this multifamily property located?
The property is located at 1618 Tampa St Edinburg, TX.
What is the asking price?
The asking price for this property is $386,000.
What are key features of this property?
This property features: $386,000 asking price.; Four-unit multifamily apartment building.; Located at 1618 Tampa Street, Edinburg, TX 78541.
More about this property
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