Current Use by Public Records
- Apartment buildings
Property Details for 200 4Th St
- Year built
- 1977
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a four-unit apartment building located at 200 W 4th Street, San Juan, Texas, 78589. The property, built in 1977, sits on a sizable 7,000 square foot lot and boasts a recently installed new roof, minimizing future maintenance concerns. The building comprises four units: two spacious two-bedroom, one-bathroom apartments and two cozy one-bedroom, one-bathroom units, catering to a diverse tenant base. Currently generating rental income, this property offers immediate return on investment with significant upside potential. A key advantage is the inclusion of an adjacent vacant lot, presenting a unique opportunity for expansion, additional development, or the creation of supplementary amenities to further enhance the property's value and rental income. The property's location in a well-established neighborhood near the basilica provides convenient access to local amenities, public transportation, and a tranquil environment. This is a rare chance to acquire a multifamily property with both immediate income and substantial long-term growth prospects. The asking price for this income-generating asset is $200,000.
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
- San Juan
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1569
- Latitude
- 26.1917
