Current Use by Public Records
- Apartment buildings
Property Details for 905 6Th Ave
- Year built
- 2002
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a two-unit apartment building ideally situated at 905 N 6th Avenue in Edinburg, Texas, 78541. Built in 2002, this property boasts a desirable location just blocks away from the University of Texas Rio Grande Valley (UTRGV), ensuring consistent tenant demand. The property's proximity to numerous restaurants further enhances its appeal. The two buildings sit on a spacious 7,501.032 square foot lot. Currently housing long-term tenants, this duplex offers immediate cash flow potential for investors. The asking price for this multifamily property is $220,000. This represents a strong value proposition given the property's location, size, and existing tenancy. The property's solid construction and established tenant base make it an attractive option for those seeking a low-maintenance, high-return investment in a thriving Texas market. This is a turnkey opportunity to acquire a well-maintained, income-producing asset in a highly sought-after area. Serious inquiries are encouraged.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1663
- Latitude
- 26.3103
